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

Role: CFO
Signature: /s/ Andrew W. Murphy
Stock symbol: DUOT
Transactions as of: Nov 15, 2022
Transactions value $: $0
Form type: 3
Date filed: 11/17/2022, 03:15 PM
Next filing: Nov 21, 2022

Transactions Table

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