Company: DGLY
Filing Date: 2025-01-23
Form Type: 424B3
Source: 0001493152-25-003413
Chunk: 46

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-23
Form: 424B3
Chunk 46
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 of vesting for 8,750 shares of common stock, 
 and the closing market price of our common stock of $2.09 on January 7, 2024, the date of vesting for 8,750 shares of common stock  
 for Mr. Ross.                                                                                                                       |
| (2) | Based                                                                                                                               
 on the closing market price of our common stock of $2.13 on January 31, 2024, the date of vesting for 3,000 shares of common stock, 
 the closing market price of our common stock of $2.09 on January 7, 2024, the date of vesting for and the closing market price of   
 our common stock of $2.19 on January 10, 2024, the date of vesting for 1,000 shares of common stock for Mr. Han.                    |

The number of stock options and restricted stock awards that an employee, director, or consultant may receive under our Plans (defined below under “Information Regarding Plans and Other Arrangements Not Subject to Security Holder Action”) is in the discretion of the administrator and therefore cannot be determined in advance. The Board’s policy in 2024 was to grant officers an award of 20,000 restricted shares of common stock to our CEO and 15,000 restricted shares of common stock to our COO and each non-employee director no award of options or restricted stock, all subject to vesting requirements.

The following table sets forth (a) the aggregate number of shares of common stock subject to options granted under the Plans during the year ended December 31, 2024 and (b) the average per share exercise price of such options.

| Name of Individual or Group                                   |     | Number of     
 Restricted    
 Shares of     
 Common        
 Stock Granted |        |     | Number of 
 Options   
 Granted   |   |     | Average per    
 Share Exercise 
 Price          |   |
|:--------------------------------------------------------------|:----|:--------------|-------:|:----|:----------|:--|:----|:---------------|:--|
| Stanton E. Ross, Chairman of the Board of Directors & CEO     |     |               | 20,000 |     |           | - |     | $              | - |
| Leroy C. Richie, Director                                     |     |               |      - |     |           | - |     | $              | - |
| Thomas J. Heckman, Vice President, CFO, Treasurer &