Du Baichuan 4
4 · UTSTARCOM INC · Filed Jul 8, 2011
Insider Transaction Report
Form 4
UTSTARCOM INCUTSI
Du Baichuan
Director
Transactions
- Other
Stock Option (right to buy)
2011-06-24−80,000→ 0 totalExercise: $2.17Exp: 2020-09-30→ Common Stock (80,000 underlying)
Footnotes (2)
- [F1]In connection with the reorganization of the corporate structure of the group of companies controlled by UTStarcom, Inc. to change its place of incorporation from Delaware to the Cayman Islands, all outstanding equity awards of UTStarcom, Inc. were assumed by UTStarcom Holdings Corp., a Cayman Islands company, to provide for the issuance of UTStarcom Holdings Corp. ordinary shares rather than UTStarcom, Inc. common stock upon the exercise or conversion of such awards.
- [F2]1/4th yearly with the first vesting date occurring on September 30, 2011.