UTSTARCOM HOLDINGS CORP. — Director's Dealing 2010

Jun 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2010-05-20

Reporting Person: Cheng Edmond (Senior VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-31	Common Stock	A	200000	—	Acquired	211200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-31	Restricted Stock Units	$	A	100000	Acquired		Common Stock (100000)	Direct

Footnotes

F1: Restricted stock awards vest as follows: First 25% to vest on 5/31/2011 and 25% annually thereafter.

F2: Each restricted stock unit represents a contingent right to receive one share of UTStarcom stock.

F3: Restricted stock units vest as follows: First 25% to vest on 5/31/2011 and 25% annually thereafter.