Company: DGLY
Filing Date: 2025-02-14
Form Type: 424B4
Source: 0001493152-25-006704
Chunk: 209

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-14
Form: 424B4
Chunk 209
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IVITY

|                                      |     | Number of  
 Restricted 
 shares     |         |   |     | Weighted   
 average    
 grant date 
 fair value |        |   |
|:-------------------------------------|:----|:-----------|--------:|:--|:----|:-----------|-------:|:--|
| Nonvested balance, January 1, 2022   |     |            |  52,869 |   |     | $          |  37.40 |   |
| Granted                              |     |            |  60,750 |   |     |            |  14.67 |   |
| Vested                               |     |            | (31,244 | ) |     |            | (34.73 | ) |
| Forfeited                            |     |            |  (3,250 | ) |     |            | (21.20 | ) |
| Nonvested balance, December 31, 2022 |     |            |  79,125 |   |     | $          |  21.73 |   |

|                                      |     | Number of  
 Restricted 
 shares     |         |   |     | Weighted   
 average    
 grant date 
 fair value |        |   |
|:-------------------------------------|:----|:-----------|--------:|:--|:----|:-----------|-------:|:--|
| Nonvested balance, January 1, 2023   |     |            |  79,125 |   |     | $          |  21.73 |   |
| Granted                              |     |            |  35,000 |   |     |            |   5.00 |   |
| Vested                               |     |            | (56,625 | ) |     |            | (21.29 | ) |
| Forfeited                            |     |            |  (3,625 | ) |     |            | (22.41 | ) |
| Nonvested balance, December 31, 2023 |     |            |  53,875 |   |     | $          |  11.27 |   |

| F-35 |

The Company estimated the fair market value of these restricted stock grants based on the closing market price on the date of the grant. As of December 31, 2023, there was $ 140,573of total unrecognized compensation costs related to all remaining non-