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ULTRALIFE CORP Director's Dealing 2007

Mar 15, 2007

34105_dirs_2007-03-15_3f19f42c-9e48-4198-8b4d-d1d0f06dea49.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ULTRALIFE BATTERIES INC (ULBI)
CIK: 0000875657
Period of Report: 2007-03-13

Reporting Person: Naukam Andrew J (Vice President of Quality)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-03-13 Common Stock; $.10 par value A 3000 $6.0938 Acquired 7000 Direct
2007-03-13 Common Stock; $.10 par value D 2235 $8.3867 Disposed 4765 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-03-13 Stock Option (Right to Buy) $6.0938 D 3000 Disposed 2007-03-19 Common Stock; $.10 par value (3000) Direct