X0202 4 2007-07-02 0000875657 ULTRALIFE BATTERIES INC ULBI 0001245197 SCHMITZ WILLIAM A 2000 TECHNOLOGY PARKWAY NEWARK NY 14513 0 1 0 0 Chief Operating Officer Common Stock, $.10 par value 2007-07-02 4 M 0 410 4.15 A 26910 D Common Stock, $.10 par value 2007-07-02 4 S 0 410 10.64 D 26500 D Common Stock, $.10 par value 2007-07-02 4 M 0 190 4.15 A 26690 D Common Stock, $.10 par value 2007-07-02 4 S 0 190 10.65 D 26500 D Common Stock, $.10 par value 2007-07-02 4 M 0 100 4.15 A 26600 D Common Stock, $.10 par value 2007-07-02 4 S 0 100 10.66 D 26500 D Common Stock, $.10 par value 2007-07-02 4 M 0 100 4.15 A 26600 D Common Stock, $.10 par value 2007-07-02 4 S 0 100 10.67 D 26500 D Common Stock, $.10 par value 2007-07-02 4 M 0 100 4.15 A 26600 D Common Stock, $.10 par value 2007-07-02 4 S 0 100 10.68 D 26500 D Common Stock, $.10 par value 2007-07-02 4 M 0 500 4.15 A 27000 D Common Stock, $.10 par value 2007-07-02 4 S 0 500 10.70 D 26500 D Common Stock, $.10 par value 2007-07-02 4 M 0 100 4.15 A 26600 D Common Stock, $.10 par value 2007-07-02 4 S 0 100 10.72 D 26500 D Common Stock, $.10 par value 300 I By Spouse 1) This is the second of 2 Form 4s covering transactions on July 2, 2007. 2) This option was exercised and the resulting shares sold pursuant to a Rute 10b5-1 trading plan entered into on 12-12-06. /s/Robert W. Fishback, attorney-in-fact for William A. Schmitz 2007-07-05