Philip Fain - May 23, 2023 Form 4 Insider Report for ULTRALIFE CORP (ULBI)

Role
CFO and Treasurer
Signature
/s/ Philip Fain
Stock symbol
ULBI
Transactions as of
May 23, 2023
Transactions value $
$2,703
Form type
4
Date filed
5/23/2023, 04:15 PM
Previous filing
Dec 8, 2022
Next filing
Dec 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULBI Common Stock; $.10 par value Options Exercise $2.7K +630 +0.48% $4.29 131K May 19, 2023 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 -20K -100% $0.00* 0 May 19, 2023 Common Stock 20K $4.29 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 19,370 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.