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UTSTARCOM HOLDINGS CORP. Director's Dealing 2014

Jan 22, 2014

34885_dirs_2014-01-22_030822c2-2ea8-46fd-b268-749687b21a44.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: SHAH CAPITAL MANAGEMENT (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-01-17 UTSTARCOM HOLDINGS CORP P 1000000 $2.54 Acquired 6426057 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
UTSTARCOM HOLDINGS CORP 7543496 Indirect
UTSTARCOM HOLDINGS CORP 311333 Direct

Footnotes

F1: Represents shares of common stock owned by 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 shares of common stock deemed to be owned benefically 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.