ULTRALIFE CORP
For the period ended Jul 16, 2024. Filed May 29, 2024.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jul 16, 2024 · Filed May 29, 2024
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ULBI$15.66+0.2%Stored close · as of Nov 6, 2026
Contents
Pay Versus Performance
The following table sets forth information concerning the pay versus performance for our named executive officers for their services in all capacities to us during 2023 and 2022.
| Name and Principal Position | Year | Summary Compensation Table Total ($) | Compensation Actually Paid ($)(1) | Value of Initial Fund $100 Investment Based on TSR ($)(2) | Net Income (Loss) ($000) |
|---|---|---|---|---|---|
| Michael E. Manna, President and Chief Executive Officer | 2023 | 779,043 | 887,321 | 113 | 7,197 |
| 2022 | 317,353 | 281,532 | 64 | (119) | |
| Philip A. Fain, Chief Financial Officer, Treasurer and Secretary | 2023 | 653,452 | 775,864 | 113 | 7,197 |
| 2022 | 448,266 | 389,216 | 64 | (119) | |
| Michael D. Popielec, President and Chief Executive Officer (Former) | 2023 | - | - | 113 | 7,197 |
| 2022 | 746,961 | 576,051 | 64 | (119) |
| (1) | Represents total compensation from the Summary Compensation Table with the following adjustments: |
| Name and Principal Position | Year | Summary Compensation Table Total ($) | Grant date fair value of stock options granted during the year ($) | Year end fair value of stock options granted during the year that were outstanding and unvested as of year end ($) | Change in fair value from prior year end to vesting date of stock options that vested during the year ($) | Change in fair value of stock options granted in prior years that were outstanding and unvested as of year end ($) | Prior year end fair value of stock options granted in prior years that were forfeited during the year ($) | Compensation Actually Paid ($) |
|---|---|---|---|---|---|---|---|---|
| Michael E. Manna, President and Chief Executive Officer | 2023 | 779,043 | (106,004) | 137,980 | 45,332 | 30,970 | - | 887,321 |
| 2022 | 317,353 | (32,087) | 18,007 | (7,216) | (14,525) | - | 281,532 | |
| Philip A. Fain, Chief Financial Officer, Treasurer and Secretary | 2023 | 653,452 | (65,628) | 65,842 | 72,644 | 49,554 | - | 775,864 |
| 2022 | 448,266 | (51,339) | 28,811 | (12,286) | (24,236) | - | 389,216 | |
| Michael D. Popielec, President and Chief Executive Officer (Former) | 2023 | - | - | - | - | - | - | - |
| 2022 | 746,961 | (102,678) | 19,209 | (23,298) | (32,527) | (31,616) | 576,051 |
| (2) | Represents the value as of the end of the year indicated of $100 invested on December 31, 2021 in the Company’s common stock. |
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