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DIGITAL ALLY, INC. Director's Dealing 2012

May 30, 2012

35474_dirs_2012-05-30_f2a3bb82-4c34-42d2-b4fb-88b2c5c617ef.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: Kaplan Elliot M (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-05-25 Stock purchase option (right to buy) $0.44 A 70000 Acquired 2022-05-24 Common stock (70000) Direct

Footnotes

F1: These stock purchase options vest half (35,000 options) on November 1, 2012 and the remaining half (35,000 options) on May 1, 2013 assuming the Reporting Person remians as a member of the Company's Board of Directors.