KWOCK HOWARD 4
4 · UTSTARCOM INC · Filed Jan 7, 2004
Insider Transaction Report
Form 4
UTSTARCOM INCUTSI
KWOCK HOWARD
VP of R&D in charge of WACOS
Transactions
- Exercise/Conversion
Common Stock
2004-01-05$13.61/sh+6,000$81,660→ 6,000 total - Sale
Common Stock
2004-01-05$40.25/sh−6,000$241,500→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2004-01-05−6,000→ 240,000 totalExercise: $13.61From: 2002-09-21Exp: 2011-09-21→ Common Stock (6,000 underlying)
Footnotes (2)
- [F1]This trade was executed pursuant to Rule 10b5-1 trading plan that was adopted on August 27, 2003.
- [F2]Vesting Schedule: 1/4 after one year, 1/36 per month thereafter for the remaining shares.