UTSTARCOM HOLDINGS CORP. — Director's Dealing 2008

Dec 23, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2008-12-22

Reporting Person: Green Mark (SVP, Worldwide Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-22	Common Stock	S	4501	$1.55	Disposed	39065	Direct

Footnotes

F1: Shares sold to cover tax withholding obligation upon vesting of restricted stock and funds remitted to the Company with respect thereto.

F2: Includes 2,500 shares acquired under the UTStarcom, Inc. employee stock purchase plan on November 14, 2008.