Company: DGLY
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001493152-25-003451
Chunk: 128

Company: DIGITAL ALLY, INC.
Filing Date: 2025-01-24
Form: S-1
Chunk 128
---
 as to the shares of our common stock held in the 401(k) Plan. We have no profit-sharing plan in place for our employees. However, we may consider adding such a plan to provide yet another level of compensation to our compensation plan.

| 85 |

The following table presents information concerning the grants of plan-based awards to the Named Executive Officers during the year ended December 31, 2024:

<div align='center'>Grants of Plan-Based Awards</div>

| Name                         
 Stanton E. Ross              |     | Grant date |                  |     | Date approved by Compensation Committee |                  |     | All other stock awards: Number of shares of stock or units: 
 (#) (1) (2)                                                 |        |    |     | Exercise or base price of option awards 
 ($/Share)                               |      |     | Grant date fair value of stock awards 
 ($) (2)                               |        |
|:-----------------------------|:----|:-----------|:-----------------|:----|:----------------------------------------|:-----------------|:----|:------------------------------------------------------------|-------:|---:|:----|:----------------------------------------|-----:|:----|:--------------------------------------|-------:|
| Chairman and CEO             |     |            | January 31, 2024 |     |                                         | January 31, 2024 |     |                                                             | 20,000 | -1 |     | $                                       | 2.13 |     | $                                     | 42,600 |
| Thomas J. Heckman            |     |            |                  |     |                                         |                  |     |                                                             |        |    |     |                                         |      |     |                                       |        |
| CFO, Treasurer and Secretary |     |            | —                |     |                                         | —                |     |                                                             |      — |    |     | $                                       |    — |     | $                                     |      — |
| Peng Han                     |     |            |                  |     |                                         |                  |     |                                                             |        |    |     |                                         |      |     |                                       |        |
| COO                          |     |            | January 31, 2024 |     |                                         | January 31, 2024 |     |                                                             | 15,000 | -1 |     | $                                       | 2.13 |     | $                                     | 31,950 |

(1) These restricted stock awards were made under the Digital Ally, Inc. Stock Option