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ULTRALIFE CORP Director's Dealing 2008

Mar 11, 2008

34105_dirs_2008-03-11_026566aa-0d7e-426d-b585-bebd3ce9aeb5.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: 2008-03-07

Reporting Person: FAIN PHILIP A (Vice President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-03-07 Common Stock, $.10 par value $12.7385 A 50000 Acquired 2015-03-07 Common Stock; $.10 par value (50000) Direct

Footnotes

F1: This grant vests as follows: 16,667 shares on 3/7/09; 16,666 shares on 3/7/10 and 16,667 shares on 3/7/11.