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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1347242	Lipella Pharmaceuticals Inc.	LIPO	Pharmaceutical Preparations (2834)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1959250	H Jonathan Kaufman	C/O Lipella Pharmaceuticals Inc. 7800 Susquehanna St., Suite 505 Pittsburgh PA 15208	See Remarks Below.	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2024-03-18	30,000	$0.79	863,849	No	4	P	Direct
Common Stock	Acquisiton	2024-03-19	25,000	$0.87	888,849	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Options	Acquisiton	2024-03-15	80,000	$0.00	80,000	$0.77

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
80,000	2024-03-15	2034-03-15	No	4	A	Direct

Footnotes

Open market purchase by the reporting person of 30,000 shares of common stock, par value $0.0001 per share (the "Common Stock").
Reflects the weighted average price of the shares purchased on the open market in multiple transactions on March 18, 2024 at prices ranging from $0.77 to $0.80 per share, inclusive.
The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of such shares of Common Stock purchased at each separate price within such range.
Open market purchase by the reporting person of 25,000 shares of Common Stock.
Reflects the weighted average price of the shares of Common Stock purchased on the open market in multiple transactions on March 19, 2024 at prices ranging from $0.75 to $0.89 per share, inclusive.