Company: DGLY
Filing Date: 2025-01-16
Form Type: S-1/A
Source: 0001493152-25-002490
Chunk: 45

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-16
Form: S-1/A
Chunk 45
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 options and restricted stock awards. Incentive stock options granted under the Plans must have an exercise price at least equal to 100% of the fair market value of the Common Stock as of the date of grant. Incentive stock options granted to any person who owns, immediately after the grant, stock possessing more than 10% of the combined voting power of all classes of our stock, or of any parent or subsidiary corporation, must have an exercise price at least equal to 110% of the fair market value of the Common Stock on the date of grant. Non-statutory stock options may have exercise prices as determined by our Compensation Committee.

The Compensation Committee is also authorized to grant restricted stock awards under the Plans. A restricted stock award is a grant of shares of the Common Stock that is subject to restrictions on transferability, risk of forfeiture and other restrictions and that may be forfeited in the event of certain terminations of employment or service prior to the end of a restricted period specified by the Compensation Committee.

We have filed various registration statements on Form S-8 and amendments to previously filed Form S-8’s with SEC, which registered a total of 408,750 shares of Common Stock issued or to be issued underlying the awards under the Plans.

The following table sets forth certain information regarding the Plans as of December 31, 2024:

<div align='center'>Equity Compensation Plan Information</div>

| Plan category                                          |     | Number of securities to be issued                             
 upon exercise of outstanding options, warrants and rights (a) |        |     | Weighted-average exercise price                 
 of outstanding options, warrants and rights (b) |       |     | Number of securities remaining available                                                               
 for future issuance under equity compensation plans (excluding securities reflected in column (a)) (c) |         |
|:-------------------------------------------------------|:----|:--------------------------------------------------------------|-------:|:----|:------------------------------------------------|------:|:----|:-------------------------------------------------------------------------------------------------------|--------:|
| Equity compensation plans approved by stockholders     |     |                                                               | 52,500 |     | $                                               | 45.14 |     |                                                                                                        | 408,750 |
| Equity compensation plans not approved by stockholders |     |                                                               |      — |     | $                                               |     — |     |                                                                                                        |       — |
| Total all plans                                        |     |                                                               | 52,500 |     | $                                               | 45.14 |     |                                                                                                        | 408,750 |

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