Adrian G. Goldfarb - Apr 29, 2024 Form 3 Insider Report for DUOS TECHNOLOGIES GROUP, INC. (DUOT)

Role
Chief Financial Officer
Signature
/s/ Adrian G. Goldfarb
Stock symbol
DUOT
Transactions as of
Apr 29, 2024
Transactions value $
$0
Form type
3
Date filed
5/1/2024, 05:32 PM
Previous filing
Dec 8, 2022
Next filing
Jul 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DUOT Common Stock, $0.001 par value 10.1K Apr 29, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding DUOT Options to Purchase Shares of Common Stock Apr 29, 2024 Common Stock, $0.001 par value 18.9K $6.00 Direct
holding DUOT Options to Purchase Shares of Common Stock Apr 29, 2024 Common Stock, $0.001 par value 18.9K $4.74 Direct F1
holding DUOT Options to Purchase Shares of Common Stock Apr 29, 2024 Common Stock, $0.001 par value 75K $6.41 Direct F2
holding DUOT Options to Purchase Shares of Common Stock Apr 29, 2024 Common Stock, $0.001 par value 28.4K $4.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were granted on April 1, 2020. Options to purchase 9,465 shares of Common Stock vested and became exercisable on January 1, 2021, and options to purchase 9,464 shares of Common Stock vested and became exercisable on January 1, 2022.
F2 These options were granted on January 1, 2022. As of the date hereof, options to purchase 50,002 shares of Common Stock have vested and are exercisable. The remaining options will vest and become exercisable on January 1, 2025.
F3 These options were granted on April 1, 2023. As of the date hereof, options to purchase 9,473 shares have vested and are exercisable. One-half of the remaining options will vest and become exercisable on April 1, 2025, and the other half will vest and become exercisable on April 1, 2026.

Remarks:

Mr. Goldfarb previously served as Chief Financial Officer of the Issuer through November 15, 2022. He was re-appointed as Chief Financial Officer effective April 29, 2024.