FAIN PHILIP A 4
4 · ULTRALIFE CORP · Filed Mar 3, 2021
Insider Transaction Report
Form 4
ULTRALIFE CORPULBI
FAIN PHILIP A
Vice President
Transactions
- Exercise/Conversion
Common Stock; $.10 par value
2021-03-01$3.94/sh+23,160$91,213→ 118,160 total - Exercise/Conversion
Stock Options
2021-03-01+70,000→ 0 totalExercise: $3.94From: 2021-03-01Exp: 2021-03-04→ Common Stock (70,000 underlying)
Footnotes (2)
- [F1](1) Represents shares of common stock acquired by the Reporting Person upon exercise of options for 70,000 shares of common stock of the Company, net of 46,840 shares of common stock, retained by the Company at a price determined pursuant to the terms of the Company's 2004 Long Term Incentive Plan, in payment of the exercise price for the options and the Reporting Person's individual minimum statutory withholding tax obligation.
- [F2]Represents exercise of options for 70,000 shares of common stock of the Company otherwise expiring on 3/4/21.