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: LENZMEIER ALLEN U (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-30	Common stock	A	20517	—	Acquired	81893	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-30	Stock option (right to buy)	$2.90	A	41034	Acquired	2014-11-30	Common stock (41034)	Direct

Footnotes

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