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DIGITAL ALLY, INC. — Director's Dealing 2012
May 30, 2012
35474_dirs_2012-05-30_e1eb5123-782d-45ff-9183-620b7ee4abf8.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: 2012-05-25
Reporting Person: BIANCHINO BERNARD A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-05-25 | Common stock | A | 35000 | $0.44 | Acquired | 83495 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common stock | 12285 | Indirect |
Footnotes
F1: On May 25, 2012, the Reporting Person was granted 35,000 restricted shares of common stock under the Digital Ally, Inc. 2007 Stock Option and Restricted Stock Plan. These shares will vest half (17,500 common shares) on November 1, 2012 and the remaining half (17,500 common shares) on May 1, 2013 providing the Reporting Person remains a member of the Company's Board of Directors at such point in time.
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 Trustees of the Trust.