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 |
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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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (Right to Buy) (1) | 10/15/2007 | 10/14/2017 | Common Stock | 20,000 | $ 4.05 | D | Â |
Employee Stock Option (Right to Buy) | Â (2) | 01/02/2018 | Common Stock | 100,000 | $ 6.8 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Heckman Thomas J 7311 WEST 130TH STREET SUITE 170 OVERLAND PARK, KS 66213 |
 |  |  CFO, Treasurer & Secretary |  |
/s/ Thomas J. Heckman | 01/04/2008 | |
**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) | These options to purchase shares of Common Stock of the Company were granted under the Digital Ally, Inc. 2007 Stock Option and Restricted Stock Plan. |
(2) | These options to purchase shares of Common Stock of the Company were granted under the Digital Ally, Inc. 2008 Stock Option and Restricted Stock Plan on January 2, 2008 to the Reporting Person, subject to approval of such Plan by the stockholders at the next annual meeting of stockholders. The options will vest 10,000 on January 2, 2009; 20,000 on January 2, 2010; 30,000 on January 2, 2011; and 40,000 on January 2, 2012. |