UTSTARCOM HOLDINGS CORP. — Director's Dealing 2006

Jun 28, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2006-06-26

Reporting Person: HORNER LARRY D /FA (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-06-26	Share Purchase Rights (right to buy)	$.0013	A	11376	Acquired	2006-07-26	Common Stock (11376)	Direct

Footnotes

F1: Price: $0.00125.

F2: Vesting Schedule: 1/4 per every 3 months from April 27, 2006.