UTSTARCOM HOLDINGS CORP. — Director's Dealing 2014

Jan 23, 2014

SEC Form 4/A — Form 4/A

Issuer: UTSTARCOM HOLDINGS CORP. (UTSI)
CIK: 0001030471
Period of Report: 2014-01-17

Reporting Person: SHAH CAPITAL MANAGEMENT (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7543496	Indirect
Common Stock	311333	Direct
Common Stock	6426057	Indirect

Footnotes

F1: Represents shares of common stock 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 its separately managed account clients and Shah Capital Opportunity Fund LP (Fund).

Reason for amending this footnote is to add "and Shah Capital Opportunity Fund LP (Fund)" and "Common Stock" under Title of Security

F2: Reason for this footnote is to add "Common Stock" under Title of Security and provide a description of the holding as follows:

"Represents shares held by Himanshu H. Shah directly. Mr. Shah is President of 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 pecuinary interest in such shares."

F3: Reason for this footnote is to amend "UTstarcom Holdings Corp" in the previous filing and add "Common Stock" under Title of Security