Arcaini Gianni B 4
4 · DUOS TECHNOLOGIES GROUP, INC. · Filed Dec 5, 2017
Insider Transaction Report
Form 4
Arcaini Gianni B
DirectorChairman and CEO
Transactions
- Award
Warrants to purchase DUOT - Common Stock
2017-11-24+700,543→ 700,543 totalExercise: $1.00From: 2017-11-21Exp: 2022-11-21→ Common Stock (700,543 underlying) - Purchase
DUOT - Common Stock
2017-11-24$1.00/sh+700,543$700,543→ 834,794 total
Footnotes (2)
- [F1]In connection with a private offering conducted by Duos Technologies Group, Inc. (the "Company") that closed on November 24, 2017, Gianni B. Arcaini converted $700,543 of accrued salary into shares of the Company's common stock at a price of $1.00 per share and was issued 700,543 warrants (the "Warrant") to purchase shares of common stock of the Company at an exercise price of $1.00 per share expiring five years from the Initial Exercise Date (as defined in the Warrant).
- [F2]134,251 share held through a controlled entity.