Pessin Norman H's Form 4/A amendment
AmendedDuos Technologies Group, Inc. (DUOT) · filed Oct 7, 2022
- Accession no.
- 0001140361-22-036627
- Filed
- Oct 7, 2022, 3:47 PM ET
- Trade date
- Sep 27-30, 2022
- Filing delay
- 10 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Oct 7, 2022
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market purchases total $1.00M. It was filed 10 days after the trade.
This amendment replaces 0001140361-22-036596 (filed Oct 7, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Pessin Norman HCIK 0000923666 | 10% Owner |
| Pessin Sandra FCIK 0000936979 | 10% Owner |
| Pessin Brian L.CIK 0001582758 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 27, 2022 | Common Stock | CConversionAcquired | +121,571 | $7.00 | +$850,997 | 887,728 | Direct | |
| Sep 30, 2022 | Common Stock | PPurchaseAcquired | +333,334 | $3.00 | +$1,000,002 | 1,221,062 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 27, 2022 | Common Stock | CConversionDisposed | −121,571 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.