Arcaini Gianni B 4

4 · DUOS TECHNOLOGIES GROUP, INC. · Filed Apr 2, 2020

Form 4

Period: 2020-04-01

DirectorChairman and CEO

Transactions

Award
Options to purchase Common Stock
2020-04-01+50,358→ 100,077 total
Exercise: $6.00From: 2020-04-01Exp: 2025-04-01→ Common Stock (50,358 underlying)
Award
Options to purchase Common Stock
2020-04-01+50,358→ 150,435 total
Exercise: $4.74Exp: 2025-04-01→ Common Stock (50,358 underlying)
Disposition to Issuer
Options to purchase Common Stock
2020-04-01−50,358→ 49,719 total
Exercise: $14.00→ Common Stock (50,358 underlying)

Footnotes (3)

[F1]50,358 previously issued Options to purchase shares of Common Stock were cancelled by the issuer, and 50,358 Options to purchase shares of Common Stock at a lower exercise price were issued as a replacement.
[F2]Excluding 8,492 warrants to purchase shares of common stock held in the name of Robex International, Inc., a Florida corporation in which Mr. Arcaini owns 95% and has sole dispositive voting power over such warrants.
[F3]25,179 Options to purchase Shares of Common Stock shall vest and become exercisable on 01/01/2021. The remaining 25,179 Options to purchase Shares of Common Stock shall vest and become exercisable on 01/01/2022.

Documents

1 file