ULTRALIFE CORP 4
4 · ULTRALIFE CORP · Filed Oct 9, 2015
Insider Transaction Report
Form 4
ULTRALIFE CORPULBI
POPIELEC MICHAEL D
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock, $.10 par value
2015-10-08+39,147→ 260,288 total - Other
Restricted Stock Units
2015-10-08−60,000→ 0 totalExercise: $0.00From: 2015-10-08Exp: 2020-12-30→ Common Stock $.10 par value (60,000 underlying)
Footnotes (1)
- [F1]Represents the conversion of 60,000 restricted stock units previously awarded to Michael D. Popielec on June 4, 2013 upon the vesting of such restricted stock units on October 8, 2015. The Company retained 20,853 shares of common stock issuable to Mr. Popielec in satisfaction of his individual minimum statutory withholding obligation calculated at $5.8617 per share, the volume-weighted average price per share on the vesting date.