Jennifer L. Callahan - May 12, 2023 Form 4 Insider Report for Cingulate Inc. (CING)

Role: Corporate Controller
Signature: /s/ Jennifer L. Callahan
Stock symbol: CING
Transactions as of: May 12, 2023
Transactions value $: $6,453
Form type: 4
Date filed: 5/16/2023, 06:00 PM
Previous filing: Mar 8, 2023
Next filing: Sep 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CING	Common Stock	Purchase	$4.32K	+4K	+11.59%	$1.08	38.5K	May 12, 2023	Direct
transaction	CING	Common Stock	Purchase	$2.02K	+2K	+5.19%	$1.01	40.5K	May 15, 2023	Direct	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	$113	+1.03K	+5.57%	$0.11	19.5K	May 12, 2023	Common Stock	1.03K	$6.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.0097 to $1.01 per share, 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 shares purchased at each separate price within the ranges set forth herein.
F2	The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.1076 to $0.11 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 ranges set forth herein.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.0097 to $1.01 per share, 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 shares purchased at each separate price within the ranges set forth herein.

The price reported in Column 4 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.1076 to $0.11 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 ranges set forth herein.