0001140361-22-004145.txt : 20220208
0001140361-22-004145.hdr.sgml : 20220208
20220208092750
ACCESSION NUMBER: 0001140361-22-004145
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220204
FILED AS OF DATE: 20220208
DATE AS OF CHANGE: 20220208
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: 22599488
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: 22599487
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: 22599486
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: 7660 CENTURION PARKWAY
STREET 2: SUITE 100
CITY: JACKSONVILLE
STATE: FL
ZIP: 32256
BUSINESS PHONE: 904-296-2807
MAIL ADDRESS:
STREET 1: 7660 CENTURION PARKWAY
STREET 2: SUITE 100
CITY: JACKSONVILLE
STATE: FL
ZIP: 32256
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
2022-02-04
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.
65 E. 76TH STREET
APARTMENT 3DE
NEW YORK
NY
10021
true
0000936979
PESSIN SANDRA F
400 E. 51ST STREET
PH 31
NEW YORK
NY
10022
true
Common Stock
57972
D
Common Stock
2022-02-04
2022-02-04
4
P
0
300000
4
A
766157
D
Common Stock
160911
D
Series B Convertible Preferred Stock
7
Common Stock
851
851
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.
On October 1, 2021, Sandra L. Pessin and the Issuer agreed to increase the beneficial ownership limitation applicable to the Series B Convertible Preferred Stock ("Series B Preferred Stock") from 4.99% to 9.99% with respect to Common Stock owned by Sandra F. Pessin, affiliates of Sandra F. Pessin or members of a group with Sandra F. Pessin. As a result of this limitation, a portion of such shares of Series B Preferred Stock (convertible into 121,572 shares of Common Stock) are not currently convertible. The Series B Preferred Stock has no stated maturity date.
Sandra F. Pessin owns 851 shares of Series B Preferred Stock convertible into 121,572 shares of Common Stock.
/s/ Norman H. Pessin
2022-02-07
/s/ Sandra F. Pessin
2022-02-07
/s/ Brian L. Pessin
2022-02-07