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 |
Stock Option (Option to Buy)
|
Â
(1)
|
09/21/2015 |
Common Stock
|
150,000
|
$
1
|
D
|
Â
|
Stock Option (Option to Buy)
|
Â
(2)
|
09/25/2011 |
Common Stock
|
160,000
|
$
2.15
|
D
|
Â
|
Stock Option (Option to Buy)
|
Â
(3)
|
03/01/2017 |
Common Stock
|
200,000
|
$
1.6
|
D
|
Â
|
* |
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) |
Represents 150,000 options to purchase shares of Common Stock of the Company granted pursuant to the Digital Ally, Inc. 2005 Stock Option and Restricted Stock Plan. Fully exercisable as of the filing of this Form 3. |
(2) |
Represents 160,000 options to purchase shares of Common Stock of the Company granted pursuant to the Digital Ally, Inc. 2006 Stock Option and Restricted Stock Plan. Of the 160,000 options, 80,000 vested on the grant date of September 25, 2006 and 80,000 vested on September 25, 2007. |
(3) |
Represents 200,000 options to purchase shares of Common Stock of the Company granted pursuant to the Digital Ally, Inc. 2007 Stock Option and Restricted Stock Plan. These options vests in equal parts on October 1, 2007, April 1, 2008, and October 1, 2008, provided that Mr. Kaplan is then serving as a member of the Board of Directors of the Company. |