ULTRALIFE CORP — Director's Dealing 2008

Jun 9, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ULTRALIFE CORP (ULBI)
CIK: 0000875657
Period of Report: 2008-06-05

Reporting Person: Comerford Peter F (VP of Admin. & General Counsel)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-05	Common Stock (Right to Buy)	$13.4338	M	6000	Acquired	2014-12-07	Common Stock; $.10 par value (6000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	33567	Direct

Footnotes

F1: This option vests as follows: 2,000 shares vest on 12/7/08; 2,000 shares vest on 12/7/09; 2,000 shares vest on 12/7/10.