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ULTRALIFE CORP Director's Dealing 2020

May 18, 2020

34105_dirs_2020-05-18_47187b8c-3d13-4bc4-b394-88cabed4343e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ULTRALIFE CORP (ULBI)
CIK: 0000875657
Period of Report: 2020-05-14

Reporting Person: WHITMORE BRADFORD T (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-05-14 Common Stock; $.10 par value P 5000 $7.4293 Acquired 563902 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock; $.10 par value 4452283 Indirect
Common Stock; $.10 par value 518616 Indirect
Common Stock; $.10 par value 3272 Indirect

Footnotes

F1: The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.3431 to $7.50. The reporting person undertakes to provide, upon request of the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares transacted at each price, with respect to all transactions reported on the Form 4.

F2: As sole manager and sole voting member of Sunray I, LLC, Bradford T. Whitmore is an indirect beneficial owner of 4,452,283 shares of Common Stock.

F3: As manager of BRO-GP, LLC, Grace Brothers, LP's General Partner, Bradford T. Whitmore is an indirect beneficial owner of 518,616 shares of Common Stock.