0001140361-21-030354.txt : 20210903
0001140361-21-030354.hdr.sgml : 20210903
20210903145116
ACCESSION NUMBER: 0001140361-21-030354
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210226
FILED AS OF DATE: 20210903
DATE AS OF CHANGE: 20210903
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PESSIN NORMAN H
CENTRAL INDEX KEY: 0000923666
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39227
FILM NUMBER: 211236166
MAIL ADDRESS:
STREET 1: C/O LEVY, HARKINS & CO., INC.
STREET 2: 366 MADISON AVENUE, 14TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pessin Brian L.
CENTRAL INDEX KEY: 0001582758
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39227
FILM NUMBER: 211236165
MAIL ADDRESS:
STREET 1: 310 EAST 75TH STREET
STREET 2: APT. 2A
CITY: NEW YORK
STATE: NY
ZIP: 10021
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PESSIN SANDRA F
CENTRAL INDEX KEY: 0000936979
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39227
FILM NUMBER: 211236164
MAIL ADDRESS:
STREET 1: C/O NORMAN PESSIN
STREET 2: 366 MADISON AVENUE, 14TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DUOS TECHNOLOGIES GROUP, INC.
CENTRAL INDEX KEY: 0001396536
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 650493217
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6622 SOUTHPOINT DRIVE S
STREET 2: SUITE 310
CITY: JACKSONVILLE
STATE: FL
ZIP: 32216
BUSINESS PHONE: 904-296-2807
MAIL ADDRESS:
STREET 1: 6622 SOUTHPOINT DRIVE S
STREET 2: SUITE 310
CITY: JACKSONVILLE
STATE: FL
ZIP: 32216
FORMER COMPANY:
FORMER CONFORMED NAME: DUOS TECHNOLOGY GROUP, INC.
DATE OF NAME CHANGE: 20150710
FORMER COMPANY:
FORMER CONFORMED NAME: INFORMATION SYSTEMS ASSOCIATES, INC.
DATE OF NAME CHANGE: 20070416
4
1
form4.xml
FORM 4
X0306
4
2021-02-26
0001396536
DUOS TECHNOLOGIES GROUP, INC.
DUOT
0000923666
PESSIN NORMAN H
400 E. 51ST STREET
PH 31
NEW YORK
NY
10022
true
0001582758
Pessin Brian L.
310 E. 75TH STREET
APARTMENT 2A
NEW YORK
NY
10021
true
0000936979
PESSIN SANDRA F
400 E. 51ST STREET
PH 31
NEW YORK
NY
10022
true
Common Stock
102972
D
Common Stock
71430
D
Common Stock
75002
D
Series B Convertible Preferred Stock
7
Common Stock
243572
1705
D
Series C Convertible Preferred Stock
5.5
2021-02-26
4
P
0
1500
1000
A
Common Stock
272727
1500
D
Series C Convertible Preferred Stock
5.5
2021-02-26
4
P
0
500
1000
A
Common Stock
90909
500
D
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.
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.
Shares beneficially owned by Brian L. Pessin. Norman H. Pessin and Sandra F. Pessin expressly disclaim beneficial ownership of such shares.
The Series B Convertible Preferred Stock ("Series B 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 Series B Preferred Stock has no stated maturity date.
Sandra F. Pessin owns 1,705 shares of Series B Preferred Stock convertible into 243,572 shares of Common Stock.
The Series C Convertible Preferred Stock ("Series C 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 19.99%. The Series C Preferred Stock has no stated maturity date.
Sandra F. Pessin owns 1,500 shares of Series C Preferred Stock convertible into 272,727 shares of Common Stock.
The Series C Preferred Stock is not currently exercisable due to a 4.99% beneficial ownership limitation with respect to the Common Stock owned by Brian L. Pessin, affiliates of Brian L. Pessin or members of a group with Brian L. Pessin. The Series C Preferred Stock has no stated maturity date.
Brian L. Pessin owns 500 shares of Series C Preferred Stock convertible into 90,909 shares of Common Stock.
/s/ Norman H. Pessin
2021-09-03
/s/ Brian L. Pessin
2021-09-03
/s/ Sandra F. Pessin
2021-09-03