UTSTARCOM HOLDINGS CORP. — Director's Dealing 2007

Dec 4, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2007-11-30

Reporting Person: HORNER LARRY D /FA (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-30	Common stock	A	24310	—	Acquired	39186	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-30	Stock option (right to buy)	$2.9	A	48621	Acquired	2014-11-30	Common stock (48621)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1775	Indirect

Footnotes

F1: 1/12th monthly beginning 12/30/07

F2: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.