DUOS TECHNOLOGIES GROUP, INC. — Director's Dealing 2020

Apr 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DUOS TECHNOLOGIES GROUP, INC. (DUOT)
CIK: 0001396536
Period of Report: 2020-04-01

Reporting Person: EHRMAN KENNETH S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-01	Common Stock, par value $0.001	A	537	$4.66	Acquired	8216	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-01	Options to purchase Common Stock	$14.00	D	8572	Disposed		Common Stock (8572)	Direct
2020-04-01	Options to purchase Common Stock	$6.00	A	8572	Acquired	2025-04-01	Common Stock (8572)	Direct
2020-04-01	Options to purchase Common Stock	$4.74	A	8572	Acquired	2025-04-01	Common Stock (8572)	Direct

Footnotes

F1: The shares were issued to Mr. Ehrman as compensation shares for his services as a Director of the Issuer.

F2: 8,572 previously issued Options to purchase shares of Common Stock were cancelled by the issuer, and 8,572 Options to purchase shares of Common Stock at a lower exercise price were issued as a replacement.

F3: 4,286 Options to purchase Shares of Common Stock shall vest and become exercisable on 01/01/2021. The remaining 4,286 Options to purchase Shares of Common Stock shall vest and become exercisable on 01/01/2022.