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ULTRALIFE CORP Director's Dealing 2007

Jul 5, 2007

34105_dirs_2007-07-05_27982c79-ca18-47a2-9805-2b232a0cb86c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ULTRALIFE BATTERIES INC (ULBI)
CIK: 0000875657
Period of Report: 2007-07-02

Reporting Person: SCHMITZ WILLIAM A (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-02	Common Stock, $.10 par value	M	410	$4.15	Acquired	26910	Direct
2007-07-02	Common Stock, $.10 par value	S	410	$10.64	Disposed	26500	Direct
2007-07-02	Common Stock, $.10 par value	M	190	$4.15	Acquired	26690	Direct
2007-07-02	Common Stock, $.10 par value	S	190	$10.65	Disposed	26500	Direct
2007-07-02	Common Stock, $.10 par value	M	100	$4.15	Acquired	26600	Direct
2007-07-02	Common Stock, $.10 par value	S	100	$10.66	Disposed	26500	Direct
2007-07-02	Common Stock, $.10 par value	M	100	$4.15	Acquired	26600	Direct
2007-07-02	Common Stock, $.10 par value	S	100	$10.67	Disposed	26500	Direct
2007-07-02	Common Stock, $.10 par value	M	100	$4.15	Acquired	26600	Direct
2007-07-02	Common Stock, $.10 par value	S	100	$10.68	Disposed	26500	Direct
2007-07-02	Common Stock, $.10 par value	M	500	$4.15	Acquired	27000	Direct
2007-07-02	Common Stock, $.10 par value	S	500	$10.70	Disposed	26500	Direct
2007-07-02	Common Stock, $.10 par value	M	100	$4.15	Acquired	26600	Direct
2007-07-02	Common Stock, $.10 par value	S	100	$10.72	Disposed	26500	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.10 par value	300	Indirect