0001179110-11-010804.txt : 20110708
0001179110-11-010804.hdr.sgml : 20110708
20110708144957
ACCESSION NUMBER: 0001179110-11-010804
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110131
FILED AS OF DATE: 20110708
DATE AS OF CHANGE: 20110708
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lu Ying (Jack)
CENTRAL INDEX KEY: 0001486123
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35216
FILM NUMBER: 11959041
MAIL ADDRESS:
STREET 1: UTSTARCOM, INC.
STREET 2: 1275 HARBOR BAY PKWY
CITY: ALAMEDA
STATE: CA
ZIP: 94502
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: UTSTARCOM INC
CENTRAL INDEX KEY: 0001030471
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669]
IRS NUMBER: 521782500
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 52-2 BLDG. BDA INTL ENTERPRISE AVE
STREET 2: NO. 2 JINGYUAN NORTH ST. DAXING DISTRICT
CITY: BEIJING
STATE: F4
ZIP: 100176
BUSINESS PHONE: 86 (10) 85205588
MAIL ADDRESS:
STREET 1: 52-2 BLDG. BDA INTL ENTERPRISE AVE
STREET 2: NO. 2 JINGYUAN NORTH ST. DAXING DISTRICT
CITY: BEIJING
STATE: F4
ZIP: 100176
4
1
edgar.xml
FORM 4 -
X0303
4
2011-01-31
1
0001030471
UTSTARCOM INC
UTSI
0001486123
Lu Ying (Jack)
52-2 BLDG., BDA INT'L ENTERPRISE AVE.
#2 JINGYUAN NORTH ST., DAXING DISTRICT
BEIJING
F4
100176
CHINA
1
1
0
0
CEO & President
Common Stock
2011-01-31
4
A
0
300000
0
A
564122
D
Common Stock
2011-06-24
4
J
0
564122
0
D
0
D
Restricted Stock Units
2011-01-31
4
A
0
300000
0
A
Common Stock
300000
300000
D
Stock Option (right to buy)
2.1
2011-01-31
4
A
0
400000
0
A
2018-01-31
Common Stock
400000
400000
D
Restricted Stock Units
2011-06-24
4
J
0
300000
0
D
Common Stock
300000
0
D
Stock Option (right to buy)
2.1
2011-06-24
4
J
0
400000
0
D
2018-01-31
Common Stock
400000
0
D
Mr. Lu was awarded 300,000 shares of restricted common stock which will vest over a four (4) year period. 25% of the total shares shall vest annually starting on January 31, 2012, subject to Mr. Lu's continuing service to the Company through each applicable vesting date.
Each restricted stock unit represents a contingent right to receive one share of UTStarcom, Inc. common stock.
Mr. Lu was awarded 300,000 restricted stock units which will vest over a four (4) year period. 25% of the total shares shall vest annually starting on January 31, 2012, subject to Mr. Lu's continuing service to the Company through each applicable vesting date. Vested shares shall be automatically issued to Mr. Lu on the vesting date.
Mr. Lu was awarded an option to purchase up to 400,000 shares of UTStarcom, Inc. common stock. 25% of the shares subject to the option shall vest on January 31, 2012 and 1/36 of the remaining shares subject to the option shall vest on the last day of each month thereafter.
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, each outstanding share of UTStarcom, Inc. common stock was converted into the right to receive the same number of ordinary shares in the capital of UTStarcom Holdings Corp., a Cayman Islands company. In addition, all outstanding equity awards of UTStarcom, Inc. were assumed by UTStarcom Holdings Corp. 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.
/s/Linda Lee, Attorney-in-Fact on behalf of Ying (Jack) Lu
2011-07-08