Company: DGLY
Filing Date: 2025-05-02
Form Type: 424B3
Source: 0001641172-25-008437
Chunk: 158

Company: DIGITAL ALLY, INC.
Filing Date: 2025-05-02
Form: 424B3
Chunk 158
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 |
|:---------|:----------|:----|:------------|-------:|:----|:-----------------|:----|:------------|-------:|:----|:-----------------|
| $        | 0.01      
 to $49.99 |     |             | 37,000 |     | 5.6 years        |     |             | 37,000 |     | 5.6 years        |
| $        | 50.00     
 to $69.99 |     |             | 14,000 |     | 3.8 years        |     |             | 14,000 |     | 3.8 years        |
| $        | 70.00     
 to $89.99 |     |             |  1,500 |     | 1.4 years        |     |             |  1,500 |     | 1.4 years        |
|          | Total     |     |             | 52,500 |     | 5.0 years        |     |             | 52,500 |     | 5.0 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 four 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 equity compensation plans for the years ended December 31, 2024 and 2023 is as follows:

SCHEDULE OF RESTRICTED STOCK ACTIVITY

|                                      |     | Number     
 of         
 Restricted 
 shares     |         |   |     | Weighted   
 average    
 grant date 
 fair value |        |   |
|:-------------------------------------|:----|:-----------|--------:|:--|:----|:-----------|-------:|:--|
| Nonvested balance, January 1, 2024   |     |            |  53,875 |   |     | $          |  11.27 |   |
| Granted