Shane J. Schaffer - Dec 13, 2022 Form 4 Insider Report for Cingulate Inc. (CING)

Role
Chief Executive Officer, Director
Signature
/s/ Shane J. Schaffer
Stock symbol
CING
Transactions as of
Dec 13, 2022
Transactions value $
$15,253
Form type
4
Date filed
12/15/2022, 05:00 PM
Previous filing
Mar 16, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CING Common Stock Purchase $1.75K +1.73K +10.5% $1.01 18.2K Dec 13, 2022 Direct
transaction CING Common Stock Purchase $13.4K +13.3K +72.76% $1.01 31.5K Dec 14, 2022 Direct
holding CING Common Stock 808K Dec 13, 2022 By Fountainhead Shrugged, LLC F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CING Warrant to Purchase Common Stock Purchase $103 +396 +0.6% $0.26 66.9K Dec 13, 2022 Common Stock 396 $6.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F2 The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.2458 to $0.262 per warrant, inclusive. The Reporting Person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the range set forth.

Remarks:

Exhibit 24 - Power of Attorney