Shane J. Schaffer - 04 Mar 2024 Form 4 Insider Report for Cingulate Inc. (CING)

Signature
/s/ Shane J. Schaffer
Issuer symbol
CING
Transactions as of
04 Mar 2024
Transactions value $
$0
Form type
4
Filing time
06 Mar 2024, 18:00:51 UTC
Previous filing
08 Mar 2023
Next filing
13 Jun 2024

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 Stock Option (right to Buy) Award $0 +57,323 $0.000000 57,323 04 Mar 2024 Common Stock 57,323 $1.18 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests as follows: 50% on the six-month anniversary of the date of grant and the remaining shares in substantially equal monthly installments over the 30-month period following the initial vesting date.