4//SEC Filing
PESSIN NORMAN H 4
Accession 0001140361-21-030352
CIK 0001396536other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 2:47 PM ET
Size
11.3 KB
Accession
0001140361-21-030352
Insider Transaction Report
Form 4
Pessin Brian L.
10% Owner
Transactions
- Purchase
Common Stock
2020-02-13$6.00/sh+58,300$349,800→ 102,972 total
Holdings
- 75,002
Common Stock
- 71,430
Common Stock
- 1,705
Series B Convertible Preferred Stock
Exercise: $7.00→ Common Stock (243,572 underlying)
PESSIN NORMAN H
10% Owner
Transactions
- Purchase
Common Stock
2020-02-13$6.00/sh+58,300$349,800→ 102,972 total
Holdings
- 75,002
Common Stock
- 71,430
Common Stock
- 1,705
Series B Convertible Preferred Stock
Exercise: $7.00→ Common Stock (243,572 underlying)
PESSIN SANDRA F
10% Owner
Transactions
- Purchase
Common Stock
2020-02-13$6.00/sh+58,300$349,800→ 102,972 total
Holdings
- 71,430
Common Stock
- 75,002
Common Stock
- 1,705
Series B Convertible Preferred Stock
Exercise: $7.00→ Common Stock (243,572 underlying)
Footnotes (5)
- [F1]This Form 4 is filed jointly by Norman H. Pessin, Brian L. Pessin and Sandra F. Pessin (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group, that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of common stock. Each Reporting Person disclaims beneficial ownership of the shares of common stock reported herein except to the extent of his or her pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of common stock for purposes of Section 16 or for any other purpose.
- [F2]Shares beneficially owned by Sandra F. Pessin, Norman H. Pessin's spouse. Norman H. Pessin expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- [F3]Shares beneficially owned by Brian L. Pessin. Norman H. Pessin and Sandra F. Pessin expressly disclaim beneficial ownership of such shares.
- [F4]The Series B Convertible Preferred Stock ("Preferred Stock") is not currently exercisable due to a 4.99% beneficial ownership limitation with respect to Common Stock owned by Sandra F. Pessin, affiliates of Sandra F. Pessin or members of a Group with Sandra F. Pessin. Such 4.99% beneficial ownership limitation can be increased to 9.99%. The Preferred Stock has no stated maturity date.
- [F5]Sandra F. Pessin owns 1,705 shares of Preferred Stock convertible into 243,572 shares of Common Stock.
Documents
Issuer
DUOS TECHNOLOGIES GROUP, INC.
CIK 0001396536
Entity typeother
Related Parties
1- filerCIK 0000923666
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 2:47 PM ET
- Size
- 11.3 KB