UTSTARCOM HOLDINGS CORP. — Director's Dealing 2010

Aug 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2010-07-31

Reporting Person: BLACKMORE PETER (Director, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-31	Common Stock	M	87500	—	Acquired	1166066	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-31	Restricted Stock Units	$	M	87500	Acquired		Common (87500)	Direct

Footnotes

F1: Each Restricted Stock Units ("RSUs") respresents a contingent right to receive one share of Company Common Stock.

F2: The remaining RSUs vest as follows: 87,500 shares on July 31, 2011, subject to Mr.Blackmore's continued services to the Company through applicable vesting date. The RSUs will vest in full in the event of Mr.Blackmore's death or disability.