Company: DGLY
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001493152-25-003451
Chunk: 206

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-24
Form: S-1
Chunk 206
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     |             | — |     | $           |      19.60 |   |

| F-34 |

The Plans allow for the cashless exercise of stock options. This provision allows the option holder to surrender/cancel options with an intrinsic value equivalent to the purchase/exercise price of other options exercised. There were no shares surrendered pursuant to cashless exercises during the years ended December 31, 2023 and 2022.

At December 31, 2023 and 2022, the aggregate intrinsic value of options outstanding was approximately $- 0- and $- 0-, respectively, and the aggregate intrinsic value of options exercisable was approximately $- 0- and $- 0-, respectively.

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 December 31, 2023:

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 |     |                  | 6.6 years |     |                     | 37,000 |     |                  | 6.6 years |
| $              | 50.00 to $69.99 |     |                     | 15,100 |     |                  | 4.5 years |     |                     | 15,100 |     |                  | 4.5 years |
| $              | 70.00 to $89.99 |     |                     |  1,500 |     |                  | 2.4 years |     |                     |  1,500 |     |                  | 2.4 years |
|                |                 |     |                     | 53,600 |     |                  | 5.9 years |     |                     | 53,600 |     |                  | 5.9