Mason Heather L 4
4 · Assertio Holdings, Inc. · Filed Jan 4, 2024
Insider Transaction Report
Form 4
Mason Heather L
Director
Transactions
- Award
Stock Option (Right to Buy)
2024-01-02+550,000→ 550,000 totalExercise: $1.14Exp: 2034-01-02→ Common Stock (550,000 underlying)
Footnotes (2)
- [F1]The stock option vests (a) as to 50% in 12 equal monthly installments following January 2, 2024, subject to the reporting person's continued service to the registrant through each applicable vesting date, and (b) as to 50% upon the date a permanent Chief Executive Officer who is hired during the reporting person's service as interim CEO commences employment with the registrant and remains employed for a period of 30 days.
- [F2]The derivative securities were granted to the reporting person, and were not sold to the reporting person. As such, the reporting person did not pay any consideration for the derivative securities.