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ULTRALIFE CORP Director's Dealing 2021

Aug 12, 2021

34105_dirs_2021-08-12_aaf9567d-6e54-40bb-a283-534acb67c27a.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: 2021-08-10

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-08-10 Common Stock; $.10 par value M 12709 $3.7103 Acquired 309926 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-08-10 Stock Options $3.7103 M 40000 Disposed 2022-03-03 Common Stock (40000) Direct

Footnotes

F1: (1) Represents shares of common stock acquired by the Reporting Person upon exercise of options for 40,000 shares of common stock of the Company, net of 27,291 shares of common stock retained by the Company at a price determined pursuant to the terms of the Company's 2014 Long Term Incentive Plan in payment of the exercise price for the options and the Reporting Person's individual tax withholdings.

F2: (2) Represents exercise of options for 40,000 shares of common stock of the Company otherwise expiring on 3/3/2022.