UTSTARCOM HOLDINGS CORP. — Director's Dealing 2011

Jun 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2011-06-16

Reporting Person: Lu Ying (Jack) (Director, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-16	Common Stock	S	35878	$1.5304	Disposed	564122	Direct

Footnotes

F1: Mr. Lu was awarded 300,000 shares of restricted common stock on March 31, 2010, which vest over a four-year period. One-fourth of the shares of common stock vested on March 31, 2011 and the shares included in Table I were disposed of in payment of tax payments due from the vesting of such restricted stock. The 35,878 shares were sold through separate trades, with the sale prices ranging from $1.53 to $1.54, and at a weighted average sale price of $1.5304303. 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 infomration regarding the number of shares sold at each separate purchase price.