UTSTARCOM HOLDINGS CORP. — Director's Dealing 2005

Nov 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2005-05-11

Reporting Person: HORNER LARRY D /FA (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-05-11	Stock Option (right to buy)	$6.84	A	20000	Acquired	2015-05-11	Common Stock (20000)	Direct

Footnotes

F1: Vesting Schedule: 100% of the option shall be exercisable on May 11, 2006.