Michael D. Popielec - Aug 10, 2021 Form 4 Insider Report for ULTRALIFE CORP (ULBI)

Role
Director, President and CEO, Director
Signature
/s/ Michael D. Popielec
Stock symbol
ULBI
Transactions as of
Aug 10, 2021
Transactions value $
$47,154
Form type
4
Date filed
8/12/2021, 11:10 AM
Next filing
Oct 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULBI Common Stock; $.10 par value Options Exercise $47.2K +12.7K +4.28% $3.71 310K Aug 10, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ULBI Stock Options Options Exercise $0 -40K -100% $0.00* 0 Aug 10, 2021 Common Stock 40K $3.71 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.