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: KAVAZANJIAN JOHN D (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-01-14	Common Stock, $.10 par value	A	4766	—	Acquired	130787	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	17614	Acquired	2016-01-14	Common stock; $.10 par value (17614)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.10 par value	1800	Indirect

Footnotes

F1: This option vests as follows: 5,872 shares on 1/14/10; 5,871 shares on 1/14/11; 5,871 shares on 1/14/12.