UTSTARCOM HOLDINGS CORP. — Director's Dealing 2014

Mar 14, 2014

SEC Form 4/A — Form 4/A

Issuer: UTSTARCOM HOLDINGS CORP. (UTSI)
CIK: 0001030471
Period of Report: 2014-03-11

Reporting Person: SHAH CAPITAL MANAGEMENT (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-11	COMMON STOCK	P	2000000	$2.67	Acquired	8426057	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	9540830	Indirect
COMMON STOCK	311472	Direct

Footnotes

F1: 2 million shares represents shares of common stock added to Shah Capital Opportunity Fund LP (Fund) which could be deemed to be owned beneficially by Shah Capital Management (SCM) solely as a result of its discretionary power over such shares as investment adviser to the Fund and Shah Capital LLC as a General Partner to the Fund.

F2: Represents total number of shares held by Shah Capital Opportunity Fund LP as of 3/11/2014

F3: Represents shares of common stock deemed to be ownedd beneficially by Shah Capital Management solely as a result of its discretionary power over such shares as investment adviser to separately managed account clients and Shah Capital Opportunity Fund LP

F4: Represents shares held by Himanshu H. Shah directly. Mr. Shah is the President & CIO of Shah Capital Management (SCM) and the Managing Member of Shah Capital Opportunity Fund LP (Fund) and holds a controlling percentage of the outstanding voting securities of both entities. As a result of his position with and ownership of these entities, he could be deemed the beneficiary of the shares beneficially owned by SCM and the Fund except to the extent of his pecuniary interest in such shares