Andrew W. Murphy - 15 Nov 2022 Form 3 Insider Report for DUOS TECHNOLOGIES GROUP, INC. (DUOT)

Role: CFO
Signature: /s/ Andrew W. Murphy
Issuer symbol: DUOT
Transactions as of: 15 Nov 2022
Net transactions value: $0
Form type: 3
Filing time: 17 Nov 2022, 15:15:09 UTC
Next filing: 21 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	DUOT	Common Stock, $0.001 par value						100	15 Nov 2022	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							15 Nov 2022	Common Stock	20,000	$4.35	Direct	F1
holding	DUOT	Options to Purchase Shares of Common Stock							15 Nov 2022	Common Stock	80,000	$6.41	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The options were granted on November 23, 2020. They vest over three years, with one-third vesting on each anniversary of the date of grant. As of the date hereof, options to purchase 6,667 shares of Common Stock have vested.
F2	The options were granted on January 1, 2022. They vest over three years, with one-third vesting on each anniversary of the date of grant. As of the date hereof, no options have vested.