ULTRALIFE CORP — Director's Dealing 2009

Jan 16, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ULTRALIFE CORP (ULBI)
CIK: 0000875657
Period of Report: 2009-01-14

Reporting Person: SCHMITZ WILLIAM A (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-01-14	Common Stock; $.10 par value	A	3575	—	Acquired	31306	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-01-14	Stock Option (Right to Buy)	$12.1848	A	11964	Acquired	2016-01-14	Common stock; $.10 par value (11964)	Direct

Footnotes

F1: This option vests as follows: 3,988 shares vest on 1/14/10; 3,988 shares vest on 1/14/11 and 3,988 shares vest on 1/14/12.