Adrian Graham Goldfarb - 31 Dec 2024 Form 4 Insider Report for DUOS TECHNOLOGIES GROUP, INC. (DUOT)

Role
CFO
Signature
/s/ Adrian G. Goldfarb
Issuer symbol
DUOT
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
4
Filing time
30 Jan 2025, 17:23:51 UTC
Previous filing
08 Jul 2024
Next filing
22 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOT Common Stock, $0.001 par value Award +441,275 441,275 01 Jan 2025 Direct F1
holding DUOT Common Stock, $0.001 par value 11,062 31 Dec 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
transaction DUOT Options to Purchase Common Stock Other -18,929 -100% 0 31 Dec 2024 Common Stock, $0.001 par value 18,929 $6.00 Direct F2
transaction DUOT Options to Purchase Common Stock Other -18,929 -100% 0 31 Dec 2024 Common Stock, $0.001 par value 18,929 $4.74 Direct F2, F3
transaction DUOT Options to Purchase Common Stock Other -75,000 -100% 0 31 Dec 2024 Common Stock, $0.001 par value 75,000 $6.41 Direct F2, F4
transaction DUOT Options to Purchase Common Stock Other -28,417 -100% 0 31 Dec 2024 Common Stock, $0.001 par value 28,417 $4.22 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were granted pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and are subject to a three-year cliff vesting period. All of the shares vest on January 1, 2028.
F2 The options were cancelled as of December 31, 2024.
F3 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.
F4 These options were granted on January 1, 2022 and one-third vested and became exercisable on each of January 1, 2023, 2024 and 2025.
F5 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 would have vested and become exercisable on April 1, 2025 and the other half would have vested and become exercisable on April 1, 2026.