ULTRALIFE CORP — Director's Dealing 2020

Mar 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ULTRALIFE CORP (ULBI)
CIK: 0000875657
Period of Report: 2020-03-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-13	Common Stock; $.10 par value	P	15972	$5.6857	Acquired	504874	Direct
2020-03-16	Common Stock; $.10 par value	P	1703	$5.2343	Acquired	506577	Direct
2020-03-17	Common Stock; $.10 par value	P	30092	$5.3673	Acquired	536669	Direct
2020-03-17	Common Stock; $.10 par value	P	2233	$6.1893	Acquired	538902	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 $5.65 to $5.7057. 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 $5.20 to $5.245. 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: The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.0286 to $5.70. 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.

F4: The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.17 to $6.19. 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.

F5: 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.

F6: 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.