PESSIN NORMAN H 4/A
4/A · DUOS TECHNOLOGIES GROUP, INC. · Filed Oct 7, 2022
Insider Transaction Report
Form 4/AAmended
PESSIN NORMAN H
10% Owner
Transactions
- Conversion
Common Stock
2022-09-27$7.00/sh+121,571$850,997→ 887,728 total - Conversion
Series B Convertible Preferred Stock
2022-09-27−851→ 0 totalExercise: $7.00→ Common Stock (121,571 underlying) - Purchase
Common Stock
2022-09-30$3.00/sh+333,334$1,000,002→ 1,221,062 total
Holdings
- 57,972
Common Stock
- 180,911
Common Stock
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]Sandra F. Pessin converted 851 shares of Series B Preferred Stock into 121,571 shares of Common Stock on September 27, 2022. The Series B Preferred Stock has no stated maturity date.
- [F5]Sandra F. Pessin purchased 333,334 shares of Common Stock through a private placement on September 30, 2022.