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DUOS TECHNOLOGIES GROUP, INC. — Director's Dealing 2020
Apr 2, 2020
33877_dirs_2020-04-02_bc4deda7-83ce-482f-9064-87894fde48a4.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: 2020-04-01
Reporting Person: Arcaini Gianni B (Director, Chairman & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-01 | Options to purchase Common Stock | $14.00 | D | 50358 | Disposed | Common Stock (50358) | Direct | |
| 2020-04-01 | Options to purchase Common Stock | $6.00 | A | 50358 | Acquired | 2025-04-01 | Common Stock (50358) | Direct |
| 2020-04-01 | Options to purchase Common Stock | $4.74 | A | 50358 | Acquired | 2025-04-01 | Common Stock (50358) | Direct |
Footnotes
F1: 50,358 previously issued Options to purchase shares of Common Stock were cancelled by the issuer, and 50,358 Options to purchase shares of Common Stock at a lower exercise price were issued as a replacement.
F2: Excluding 8,492 warrants to purchase shares of common stock held in the name of Robex International, Inc., a Florida corporation in which Mr. Arcaini owns 95% and has sole dispositive voting power over such warrants.
F3: 25,179 Options to purchase Shares of Common Stock shall vest and become exercisable on 01/01/2021. The remaining 25,179 Options to purchase Shares of Common Stock shall vest and become exercisable on 01/01/2022.