UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| ||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BIANCHINO BERNARD A 7311 W 130TH STREET SUITE 170 OVERLAND PARK, KS 66213 |
 X |  |  |  |
Bernard A. Bianchino | 06/25/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On June 18, 2009, the Reporting Person received a grant of 25,000 restricted shares of common stock of Digital Ally, Inc. under the Digital Ally, Inc. 2007 Stock Option and Restricted Stock Plan on June 18, 2009 for his service as a member of the Board of Directors of Digital Ally, Inc. These restricted shares will vest 10%, or 2,500 shares, on June 18, 2010; an additional 20%, or 5,000 shares, on June 18, 2011; an additional 30%, or 7,500 shares, on June 18, 2012; and the remaining 40%, or 10,000 shares, on June 18, 2013. |