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DIGITAL ALLY, INC. Director's Dealing 2011

Jan 13, 2011

35474_dirs_2011-01-13_97ba1c27-7882-491a-bed9-f60d523df2ad.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DIGITAL ALLY INC (DGLY)
CIK: 0001342958
Period of Report: 2011-01-11

Reporting Person: BIANCHINO BERNARD A (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-11 Common stock A 5000 $1.65 Acquired 43495 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common stock 12285 Indirect

Footnotes

F1: On January 11, 2011, the Reporting Person received a grant of 5,000 restricted shares of common stock under the Digital Ally, Inc.2007 Stock Option and Restricted Stock Plan. These shares will vest on May 1, 2011 provided the Reporting Person remains a member of the Board of Directors at such point.

F2: These shares are held by a Bianchino Revocable Family Trust for the benefit of the Reporting Person and the Reporting Person's spouse and children. The Reporting Person and his spouse are the trustees of the trust.