POPIELEC MICHAEL D 4
4 · ULTRALIFE CORP · Filed Aug 12, 2021
Insider Transaction Report
Form 4
ULTRALIFE CORPULBI
POPIELEC MICHAEL D
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock; $.10 par value
2021-08-10$3.71/sh+12,709$47,154→ 309,926 total - Exercise/Conversion
Stock Options
2021-08-10−40,000→ 0 totalExercise: $3.71From: 2021-08-10Exp: 2022-03-03→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1](1) Represents shares of common stock acquired by the Reporting Person upon exercise of options for 40,000 shares of common stock of the Company, net of 27,291 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 and the Reporting Person's individual tax withholdings.
- [F2](2) Represents exercise of options for 40,000 shares of common stock of the Company otherwise expiring on 3/3/2022.