ULTRALIFE CORP — Director's Dealing 2015

Mar 9, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ULTRALIFE CORP (ULBI)
CIK: 0000875657
Period of Report: 2015-03-03

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-03	Common Stock (Right to Buy)	$3.7103	A	40000	Acquired	2022-03-03	Common Stock (40000)	Direct
2015-03-05	Common Stock (Right to Buy)	$3.7876	A	20000	Acquired	2022-03-05	Common Stock; $.10 par value (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock; $.10 par value	221141	Direct

Footnotes

F1: These options vest as follows: 13,334 shares on 3/3/2016; 13,333 shares on 3/3/2017 amd 13,333 shares on 3/3/2018.

F2: These options vest as follows: 6,667 shares on 3/5/2016; 6,667 shares on 3/5/2017 amd 6,666 shares on 3/3/2018.