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UTSTARCOM HOLDINGS CORP. Director's Dealing 2010

Apr 2, 2010

34885_dirs_2010-04-02_9c820c4e-15a8-4f26-a7d5-495a6637c22a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2010-03-31

Reporting Person: Lu Ying (Jack) (Senior VP & COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-03-31 Common Stock A 300000 Acquired 300000 Direct

Footnotes

F1: Mr. Lu was awarded of 300,000 shares of restricted common stock which will vest over a four (4) year period. One quarter of the shares will vest on the first anniversary of the date of grant, and then one-quarter of the shares will vest annually thereafter, subject to his continuing to provide services to the Company through each applicable vesting date. For now no shares have been vested.