4//SEC Filing
Marsch Susan 4
Accession 0001179110-09-004067
CIK 0001030471other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 7:33 PM ET
Size
21.1 KB
Accession
0001179110-09-004067
Insider Transaction Report
Form 4
UTSTARCOM INCUTSI
Marsch Susan
SVP and General Counsel
Transactions
- Exercise/Conversion
Common Stock
2009-02-27+10,000→ 19,235 total - Award
Restricted Stock Units
2009-02-27+66,667→ 66,667 total→ Common Stock (66,667 underlying) - Exercise/Conversion
Restricted Stock Units
2009-02-27−10,000→ 20,000 total→ Common Stock (10,000 underlying) - Exercise/Conversion
Restricted Stock Units
2009-02-27−30,000→ 90,000 total→ Common Stock (30,000 underlying) - Exercise/Conversion
Common Stock
2009-02-27+30,000→ 49,235 total - Sale
Common Stock
2009-03-03$0.78/sh−5,077$3,960→ 41,593 total - Sale
Common Stock
2009-03-02$0.93/sh−2,565$2,385→ 46,670 total - Award
Restricted Stock Units
2009-02-27+33,333→ 33,333 total→ Common Stock (33,333 underlying)
Footnotes (7)
- [F1]Each restricted stock unit represents a contingent right to receive one share of UTStarcom stock.
- [F2]The restricted stock units vest in installments beginning: 25% on February 26, 2010; and annually thereafter.
- [F3]The restricted stock units vest as follows: 50% of the shares shall vest on February 26, 2010 and February 28, 2011, subject to Ms. Marsch's continued service to the Company through each applicable vesting date.
- [F4]The restricted stock units vest as to 10,000 shares on each of February 27, 2009, February 26, 2010 and February 28, 2011.
- [F5]The restricted stock units vest as to 25% of the shares on each of February 27, 2009, February 26, 2010, February 28, 2011 and February 29, 2012.
- [F6]The 2,565 shares were sold through separate trades, with the sale prices ranging from $0.860 to $1.00, and at a weighted average sale price of $.9292. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate purchase price.
- [F7]The 5,077 shares were sold through separate trades, with the sale prices ranging from $0.750 to $0.862, and at a weighted average sale price of $0.7773. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate purchase price.
Issuer
UTSTARCOM INC
CIK 0001030471
Entity typeother
Related Parties
1- filerCIK 0001456331
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 7:33 PM ET
- Size
- 21.1 KB