ULTRALIFE CORP

Ticker: ULBI CUSIP: 903899102 Class: Common Stock

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

Note: Option positions (PUT/CALL) are excluded.

Q3 2015

Shares 43,751 Value ($000) $258 Avg Close $4.47 Range $3.90 - $6.00

Q2 2015

Shares 48,751 Value ($000) $204 Avg Close $4.06 Range $3.51 - $4.45

Q1 2015

Shares 27,380 Value ($000) $107 Avg Close $3.46 Range $2.96 - $4.25

Q4 2014

Shares 26,508 Value ($000) $83 Avg Close $3.07 Range $2.83 - $3.56

Q3 2014

Shares 18,300 Value ($000) $59 Avg Close $3.44 Range $3.05 - $3.96

Q4 2013

Shares 15,000 Value ($000) $53 Avg Close $3.73 Range $3.18 - $4.48

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	43,751	$258	$4.47	$3.90 - $6.00
Q2 2015	48,751	$204	$4.06	$3.51 - $4.45
Q1 2015	27,380	$107	$3.46	$2.96 - $4.25
Q4 2014	26,508	$83	$3.07	$2.83 - $3.56
Q3 2014	18,300	$59	$3.44	$3.05 - $3.96
Q4 2013	15,000	$53	$3.73	$3.18 - $4.48