Heckman Thomas J 4
4 · DIGITAL ALLY INC · Filed Apr 21, 2020
Insider Transaction Report
Form 4
DIGITAL ALLY INCDGLY
Heckman Thomas J
CFO,Treasurer,Secretary
Transactions
- Award
Common Stock
2020-04-17$0.92/sh+60,200$55,384→ 973,984 total
Footnotes (1)
- [F1]Effective April 17, 2020, the Compensation Committee of the Board of Directors determined that the cash portion of the annual base salaries of the Reporting Person shall be reduced to an annual rate of $150,000. The Committee decided that the $55,384.00 representing the pro-rated reduction in the annual salaries would instead be paid through the issuance of 60,200 restricted shares of common stock based on the closing price of $0.92 per share on such date.