Company: DGLY
Filing Date: 2025-02-14
Form Type: 424B4
Source: 0001493152-25-006704
Chunk: 277

Company: DIGITAL ALLY, INC.
Filing Date: 2025-02-14
Form: 424B4
Chunk 277
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 September 30, 2024 and December 31, 2023, respectively. The aggregate intrinsic value of options exercisable was $- 0- and $- 0-, at September 30, 2024 and December 31, 2023, respectively.

As of September 30, 2024, the unrecognized portion of stock compensation expense on all existing stock options was $- 0-.

| F-74 |

The following table summarizes the range of exercise prices and weighted average remaining contractual life for outstanding and exercisable options under the Company’s option plans as of September 30, 2024:

SCHEDULE OF SHARES AUTHORIZED UNDER STOCK OPTION PLANS BY EXERCISE PRICE RANGE

| Exercise price 
 range          |                 |     | Outstanding options 
 Number of           
 options             |        |     | Weighted average 
 remaining        
 contractual 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