ULTRALIFE CORP — Director's Dealing 2020

Feb 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ULTRALIFE CORP (ULBI)
CIK: 0000875657
Period of Report: 2020-02-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-18	Common Stock; $.10 par value	P	41155	$7.3489	Acquired	430057	Direct
2020-02-19	Common Stock; $.10 par value	P	58845	$7.1591	Acquired	488902	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 $7.23 to $7.52. The reporting person undertakes to provide, upon request by 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 this Form 4.

F2: The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.08 to $7.29. The reporting person undertakes to provide, upon request by 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 this Form 4.

F3: 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.

F4: 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.