Patel Viraj J 4
4 · UTSTARCOM INC · Filed Mar 2, 2010
Insider Transaction Report
Form 4
UTSTARCOM INCUTSI
Patel Viraj J
Int CFO, VP, Controller & CAO
Transactions
- Exercise/Conversion
Common Stock
2010-02-26+15,179→ 33,033 total - Exercise/Conversion
Common Stock
2010-02-26+4,661→ 75,194 total - Exercise/Conversion
Common Stock
2010-02-26+30,000→ 63,033 total - Exercise/Conversion
Common Stock
2010-02-26+7,500→ 70,533 total - Exercise/Conversion
Common Stock
2010-02-26+18,647→ 93,841 total - Exercise/Conversion
Restricted Stock Units
2010-02-26−15,179→ 15,178 total→ Common Stock (15,179 underlying) - Exercise/Conversion
Restricted Stock Units
2010-02-26−30,000→ 0 total→ Common Stock (30,000 underlying) - Exercise/Conversion
Restricted Stock Units
2010-02-26−18,647→ 18,646 total→ Common Stock (18,647 underlying) - Exercise/Conversion
Restricted Stock Units
2010-02-26−7,500→ 15,000 total→ Common Stock (7,500 underlying) - Exercise/Conversion
Restricted Stock Units
2010-02-26−4,661→ 13,985 total→ Common Stock (4,661 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of UTStarcom common stock.
- [F2]The remaining restricted stock units vest in equal amounts on February 26, 2010 and February 28, 2011.
- [F3]The remaining restricted stock units vested on February 26, 2010.
- [F4]The remaining restricted stock units will vest in equal amounts on February 26, 2010, February 28, 2011 and February 29, 2012.
- [F5]The restricted stock units vest in installments beginning: 25% on February 26, 2010 and 25% annually thereafter, subject to Mr. Patel's continued service to the Company through each applicable vesting date.
- [F6]The restricted stock units vest as follows: 50% of the shares will vest on February 26, 2010 and February 28, 2011, subject to Mr. Patel's continued service to the Company through each applicable vesting date.