SEC Form 4 · accession 0001179110-15-002091
Assertio Therapeutics, Inc · ASRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Scott Shively
Officer — SVP & Chief Commercial Officer
Period of report
Feb 4, 2015
Accepted (ET)
Feb 6, 2015 · 7:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001005201
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $17.61 | Feb 4, 2015 | A | 32,500 | A | — | Feb 4, 2025 | Common Stock | 32,500 | 32,500 | D |
| Restricted Stock UnitsF1,F2 | — | Feb 4, 2015 | A | 17,500 | A | — | — | Common Stock | 17,500 | 17,500 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F2These restricted stock units are scheduled to vest 25% on December 1, 2015, 25% on December 1, 2016, 25% on December 1, 2017 and 25% on December 1, 2018, assuming continued employment through the applicable vesting date
- F31/8th of these stock options are exercisable on September 2nd, 2015 and the balance are exercisable in 42 equal monthly installments.