UTSTARCOM HOLDINGS CORP. — Director's Dealing 2003

Jul 3, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2003-07-01

Reporting Person: SOPHIE MICHAEL J (Sr. VP of Finance & CFO)

Footnotes

F1: This trade was executed pursuant to a Rule 10b5-1 trading plan that was adopted on November 18, 2002.

F2: Vesting Schedule: 1/4 after one year; 1/36 per month thereafter for the remaining shares.