Michael E. Manna - 27 Dec 2023 Form 4 Insider Report for ULTRALIFE CORP (ULBI)

Signature
/s/ Michael E. Manna
Issuer symbol
ULBI
Transactions as of
27 Dec 2023
Net transactions value
+$26,842
Form type
4
Filing time
29 Dec 2023, 12:54:18 UTC
Previous filing
11 Dec 2023
Next filing
13 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ULBI ULBI Common Stock; $.10 par value Options Exercise $26,842 +5,059 +41% $5.31 17,374 27 Dec 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 -20,000 -17% $0.000000 100,000 27 Dec 2023 Common Stock 20,000 $5.31 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 14,941 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.