Lu Ying (Jack) 4
4 · UTSTARCOM INC · Filed Apr 2, 2010
Insider Transaction Report
Form 4
UTSTARCOM INCUTSI
Lu Ying (Jack)
Senior VP & COO
Transactions
- Award
Common Stock
2010-03-31+300,000→ 300,000 total
Footnotes (1)
- [F1]Mr. Lu was awarded of 300,000 shares of restricted common stock which will vest over a four (4) year period. One quarter of the shares will vest on the first anniversary of the date of grant, and then one-quarter of the shares will vest annually thereafter, subject to his continuing to provide services to the Company through each applicable vesting date. For now no shares have been vested.