Charles P. Ferry - 31 Dec 2024 Form 4 Insider Report for DUOS TECHNOLOGIES GROUP, INC. (DUOT)

Role
CEO, Director
Signature
/s/ Charles P. Ferry
Issuer symbol
DUOT
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
4
Filing time
30 Jan 2025, 17:26:01 UTC
Previous filing
08 Jul 2024
Next filing
10 Jul 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 +552,889 522,889 01 Jan 2024 Direct F1
holding DUOT Common Stock, $0.001 par value 3,374 31 Dec 2024 Direct
holding DUOT Common Stock, $0.001 par value 9,773 31 Dec 2024 Direct F2

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 +100,000 0 31 Dec 2024 Common Stock, $0.001 par value 100,000 $4.20 Direct F3, F4
transaction DUOT Options to Purchase Common Stock Other +100,000 0 31 Dec 2024 Common Stock, $0.001 par value 100,000 $6.41 Direct F3, F5
transaction DUOT Options to Purchase Common Stock Other +37,889 0 31 Dec 2024 Common Stock, $0.001 par value 37,889 $4.22 Direct F3, F6
* 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 These shares owned by the reporting person are held in a joint account with the reporting person's spouse.
F3 The options were cancelled as of December 31, 2024.
F4 These options were granted pursuant to an Employment Agreement, dated September 1, 2020, between Mr. Ferry and the Issuer. The options vested in equal installments on each of September 1, 2021 and 2022.
F5 These options were granted on November 10, 2021. The options vested in three equal installments on each of November 10, 2022, 2023 and 2024.
F6 These options were granted on April 1, 2023. As of the date hereof, options to purchase 12,630 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.