SEC Form 4 · accession 0000875657-15-000001
ULTRALIFE CORP · ULBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Popielec
Officer — President and CEO · Director
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 11:51 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000875657
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock; $.10 par valueF1 | Jan 1, 2015 | M | 17,361 | $0.00 | A | 221,141 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Jan 1, 2015 | J | 12,639 | D | Jan 1, 2015 | Dec 30, 2020 | Common Stock | 30,000 | 60,000 | D |
Explanation of responses
- F1Represents the conversion of 30,000 restricted stock units previously awarded to Michael D. Popielec on June 4, 2013 upon the vesting of such restricted stock units on January 1, 2015. The Company retained 12,639 of the 30,000 shares of common stock issuable to Michael D. Popielec in satisfaction of his individual minimum statutory tax withholding obligation at a price per share determined as of the vesting date.