ULTRALIFE CORP — Director's Dealing 2023

Dec 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ULTRALIFE CORP (ULBI)
CIK: 0000875657
Period of Report: 2023-12-07

Reporting Person: FAIN PHILIP A (CFO and Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-07	Stock Options for ULBI Common Stock; $.10 par Value	$	A	18400	Acquired	2030-12-07	Stock Options for ULBI Common Stock; $.10 par Value (18400)	Direct

Footnotes

F1: On December 7, 2023 Ultralife Corporation's Board of Directors awarded 18,400 stock options to Philip A. Fain under Ultralife's 2014 Long-Term Incentive Plan as Amended. These options vest as follows: 6,134 options vest on December 7, 2024; 6,133 options vest on December 7, 2025 and 6,133 options vest on December 7, 2026. The price reported is the volume weighted average price (VWAP) for Ultralife Common Stock on December 7, 2023, the date of award.