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UTSTARCOM HOLDINGS CORP. — Director's Dealing 2010
Mar 10, 2010
34885_dirs_2010-03-10_9c66877d-7f70-45fc-85e9-d4045944f7d7.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: 2010-03-08
Reporting Person: LU HONG LIANG (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-03-08 | Common Stock | S | 158497 | $2.00 | Disposed | 3167916 | Direct |
Footnotes
F1: Shares sold to cover tax withholding obligation with respect to vesting of restricted stock and restricted stock units; funds will be remitted to the Company with respect thereto. The 158,497 shares were sold through separate trades, with the sale prices ranging from $2.0037 to $2.0045, and at a weighted average sale price of $2.0040. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate purchase price.