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DUOS TECHNOLOGIES GROUP, INC. — Director's Dealing 2017
Dec 6, 2017
33877_dirs_2017-12-05_08a6a6a5-4f1e-4707-af8d-722d5ff995cc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DUOS TECHNOLOGIES GROUP, INC. (DUOT)
CIK: 0001396536
Period of Report: 2017-11-24
Reporting Person: Arcaini Gianni B (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-24 | DUOT - Common Stock | P | 700543 | $1.00 | Acquired | 834794 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-24 | Warrants to purchase DUOT - Common Stock | $1.00 | A | 700543 | Acquired | 2022-11-21 | Common Stock (700543) | Direct |
Footnotes
F1: In connection with a private offering conducted by Duos Technologies Group, Inc. (the "Company") that closed on November 24, 2017, Gianni B. Arcaini converted $700,543 of accrued salary into shares of the Company's common stock at a price of $1.00 per share and was issued 700,543 warrants (the "Warrant") to purchase shares of common stock of the Company at an exercise price of $1.00 per share expiring five years from the Initial Exercise Date (as defined in the Warrant).
F2: 134,251 share held through a controlled entity.