X0202 4 2006-09-29 0 0000875657 ULTRALIFE BATTERIES INC ULBI 0000931217 GRACE BROTHERS LTD 1560 SHERMAN AVE SUITE 900 EVANSTON IL 60201 0 0 1 0 Common Stock 2006-09-29 4 P 0 200 9.225 A 3584148 D Common Stock 2006-09-29 4 P 0 100 9.28 A 3584248 D Common Stock 2006-09-29 4 P 0 2000 9.2995 A 3586248 D Common Stock 2006-09-29 4 P 0 100 9.34 A 3586348 D Common Stock 2006-09-29 4 P 0 1600 9.35 A 3587948 D Common Stock 2006-09-29 4 P 0 100 9.37 A 3588048 D Common Stock 2006-09-29 4 P 0 400 9.39 A 3588448 D Common Stock 2006-09-29 4 P 0 2920 9.399 A 3591368 D Common Stock 2006-09-29 4 P 0 4900 9.4 A 3596268 D Common Stock 2006-09-29 4 P 0 231 9.4087 A 3596499 D Common Stock 2006-09-29 4 P 0 100 9.41 A 3596599 D Common Stock 2006-09-29 4 P 0 200 9.415 A 3596799 D Common Stock 2006-09-29 4 P 0 1649 9.42 A 3598448 D Common Stock 2006-09-29 4 P 0 600 9.425 A 3599048 D Common Stock 2006-09-29 4 P 0 2999 9.43 A 3602047 D Common stock 2006-09-29 4 P 0 600 9.4317 A 3602647 D Common Stock 2006-09-29 4 P 0 4300 9.44 A 3606947 D Common Stock 2006-09-29 4 P 0 200 9.445 A 3607147 D Common Stock 2006-09-29 4 P 0 3700 9.45 A 3610847 D Common Stock 2006-09-29 4 P 0 300 9.4567 A 3611147 D Common Stock 2006-09-29 4 P 0 903 9.4589 A 3612050 D Common Stock 2006-09-29 4 P 0 4700 9.46 A 3616750 D Common Stock 2006-09-29 4 P 0 3500 9.4691 A 3620250 D Common Stock 2006-09-29 4 P 0 1000 9.47 A 3621250 D Common Stock 2006-09-29 4 P 0 1300 9.5 A 3622550 D Common Stock 2006-09-29 4 P 0 1200 9.51 A 3623750 D Common Stock 2006-09-26 4 P 0 200 9.52 A 3623950 D Common Stock 2006-09-29 4 P 0 200 9.53 A 3624150 D Common Stock 2006-09-29 4 P 0 200 9.545 A 3624350 D Common Stock 2006-09-26 4 P 0 1540 9.6 A 3625890 D A continuing Form 4 will be filed to reflect the remaining transactions. Bradford T. Whitmore, General Partner 2006-10-03