Michael E. Manna - Feb 21, 2023 Form 4 Insider Report for ULTRALIFE CORP (ULBI)

Signature
/s/ Michael E. Manna
Stock symbol
ULBI
Transactions as of
Feb 21, 2023
Transactions value $
$50,921
Form type
4
Date filed
2/23/2023, 01:17 PM
Previous filing
Dec 16, 2022
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULBI ISO Stock Options for ULBI Common Stock; $.10 par value (1) Award $50.9K +12.5K $4.07 8K Feb 21, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 21, 2023 Ultralife Corporation's Board of Directors awarded 12,500 stock options to Michael E. Manna under Ultralife's 2014 Long-Term Incentive Plan as Amended. These options vest as follows: 4,167 options vest on February 21, 2024; 4,167 options vest on February 21, 2025 and 4,166 options vest on February 21, 2026. The price reported is the volume weighted average price (VWAP) for Ultralife Common Stock on February 21, 2023, the date of award.