DUOS TECHNOLOGIES GROUP, INC. — Director's Dealing 2022

Oct 7, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DUOS TECHNOLOGIES GROUP, INC. (DUOT)
CIK: 0001396536
Period of Report: 2021-05-21

Reporting Person: PESSIN NORMAN H (N/A)
Reporting Person: Pessin Brian L. (N/A)
Reporting Person: PESSIN SANDRA F (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-21	Common Stock	G	45000	$9.3	Disposed	57972	Direct
2021-12-02	Common Stock	C	272727	$5.5	Acquired	344157	Direct
2021-12-03	Common Stock	C	122000	$7	Acquired	466157	Direct
2021-05-21	Common Stock	G	15000	$9.3	Acquired	90002	Direct
2021-12-02	Common Stock	C	90909	$5.5	Acquired	180911	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-03	Series B Convertible Preferred Stock	$7	C	854	Disposed		Common Stock (121571)	Direct
2021-12-02	Series C Convertible Preferred Stock	$5.5	C	1500	Disposed		Common Stock (272727)	Direct
2021-12-03	Series C Convertible Preferred Stock	$5.5	C	500	Disposed		Common Stock (90909)	Direct

Footnotes

F1: This Form 4 is filed jointly by Norman H. Pessin, Brian L. Pessin and Sandra F. Pessin (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of common stock. Each Reporting Person disclaims beneficial ownership of the shares of common stock reported herein except to the extent of his or her pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of common stock for purposes of Section 16 or for any other purpose.

F2: On May 21, 2021, Norman H. Pessin gifted 45,000 shares of Common Stock. Of those shares, 15,000 were gifted to Brian L. Pessin

F3: Shares beneficially owned by Sandra F. Pessin, Norman H. Pessin's spouse. Norman H. Pessin expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F4: Shares beneficially owned by Brian L. Pessin. Norman H. Pessin and Sandra F. Pessin expressly disclaim beneficial ownership of such shares.

F5: Sandra F. Pessin converted 1,500 shares of Series C Preferred Stock into 272,727 shares of Common Stock on December 2, 2021. The Series C Preferred Stock has no stated maturity date.

F6: Sandra F. Pessin converted 854 shares of Series B Preferred Stock into 122,000 shares of Common Stock on December 3, 2021. The Series B Preferred Stock has no stated maturity date.

F7: Brian L. Pessin converted 500 shares of Series C Preferred Stock into 90,909 shares of Common Stock on December 2, 2021. The Series C Preferred Stock has no stated maturity date.