Michael D. Popielec - 17 Dec 2021 Form 4 Insider Report for ULTRALIFE CORP (ULBI)

Role
Director, President and CEO, Director
Signature
/s/ Philip A. Fain- attorney in fact for Michael D. Popielec
Issuer symbol
ULBI
Transactions as of
17 Dec 2021
Net transactions value
+$24,934
Form type
4
Filing time
21 Dec 2021, 07:54:38 UTC
Previous filing
22 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULBI Common Stock; $.10 par value Options Exercise $24,934 +6,583 +2.1% $3.79 316,509 17 Dec 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 -20,000 -100% $0.000000* 0 17 Dec 2021 Common Stock 20,000 $3.79 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock acquired by the Reporting Person upon exercise of options for 20,000 shares of common stock of the Company, net of 13,417 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.
F2 Represents exercise of options for 20,000 shares of common stock of the Company otherwise expiring on 3/5/2022.