4//SEC Filing
UTSTARCOM INC 4
Accession 0001179110-07-022659
$UTSICIK 0001030471operating
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 9:06 PM ET
Size
11.0 KB
Accession
0001179110-07-022659
Insider Transaction Report
Form 4
UTSTARCOM INCUTSI
Green Mark
SVP, Human Resources
Transactions
- Award
Restricted Stock Units
2007-11-30+91,428→ 91,428 total→ Common Stock (91,428 underlying) - Award
Restricted Stock Units
2007-11-30+182,858→ 182,858 total→ Common Stock (182,858 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of UTStarcom common stock.
- [F2]The restricted stock units vest in four equal annual installments beginning: 25% on February 29, 2008; 25% on February 27, 2009; 25% on February 26, 2010; and 25% on February 28, 2011.
- [F3]Total number of shares earned shall be based on management performance objectives for fiscal year 2007 as approved by the Compensation Committee in April 2007 on the date that the Compensation Committee determines, in its sole discretion, that such MBOs have been achieved, with the Compensation Committee's determination to be made as soon as administratively practicable following the 2007 fiscal year end, subject to the grantee remaining a "service provider" (as defined in the 2006 EIP) through such date. Following the determination of the number of shares earned, the shares shall vest 50% on February 29, 2008 and 50% on February 27, 2009.
Issuer
UTSTARCOM INC
CIK 0001030471
Entity typeoperating
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001030471
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 9:06 PM ET
- Size
- 11.0 KB