ULTRALIFE CORP — Director's Dealing 2014

Jan 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ULTRALIFE CORP (ULBI)
CIK: 0000875657
Period of Report: 2014-01-01

Reporting Person: POPIELEC MICHAEL D (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-01	Common Stock; $.10 par value	M	18780	—	Acquired	203780	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-01	Restricted Stock Units	$0	J	11220	Disposed	2020-12-30	Common Stock (30000)	Direct

Footnotes

F1: Represents the conversion of 30,000 restricted stock units previously awarded to Michael D. Popielec on June 4, 2013 upon the vesting of such restricted stock units on January 1, 2014. The Company retained 11,220 of the 30,000 shares of common stock issuable to Michael D. Popielec in satisfaction of his individual minimum statutory tax withholding obligation at a price per share determined as of the vesting date.