Company: DGLY
Filing Date: 2025-02-06
Form Type: S-1/A
Source: 0001493152-25-005144
Chunk: 281

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-06
Form: S-1/A
Chunk 281
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 life |           |     | Exercisable options 
 Number of           
 options             |        |     | Weighted average 
 remaining        
 contractual life |           |
|:---------------|:----------------|:----|:--------------------|-------:|:----|:-----------------|:----------|:----|:--------------------|-------:|:----|:-----------------|:----------|
| $              | 0.01 to $49.99  |     |                     | 37,000 |     |                  | 5.9 years |     |                     | 37,000 |     |                  | 5.9 years |
| $              | 50.00 to $69.99 |     |                     | 14,000 |     |                  | 4.0 years |     |                     | 14,000 |     |                  | 4.0 years |
| $              | 70.00 to $89.99 |     |                     |  1,500 |     |                  | 1.6 years |     |                     |  1,500 |     |                  | 1.6 years |
|                |                 |     |                     | 52,500 |     |                  | 5.2 years |     |                     | 52,500 |     |                  | 5.2 years |

Restricted stock grants.The Board of Directors has granted restricted stock awards under the Plans. Restricted stock awards are valued on the date of grant and have no purchase price for the recipient. Restricted stock awards typically vest over one to five years corresponding to anniversaries of the grant date. Under the Plans, unvested shares of restricted stock awards may be forfeited upon the termination of service to or employment with the Company, depending upon the circumstances of termination. Except for restrictions placed on the transferability of restricted stock, holders of unvested restricted stock have full stockholder’s rights, including voting rights and the right to receive cash dividends.

A summary of all restricted stock activity under the Plans for the nine months ended September 30, 2024 is as follows:

SCHEDULE OF RESTRICTED STOCK ACTIVITY

|                                       |     | Number of         
 Restricted shares |         |   |     | Weighted average grant date 
 fair value                  |        |   |
|:--------------------------------------|:----|:------------------|--------:|:--|:----|:----------------------------|-------:|:--|
| Nonvested balance, December 31