Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
UTSI > SEC Filings for UTSI > Form 8-K on 10-Sep-2008All Recent SEC Filings

Show all filings for UTSTARCOM INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for UTSTARCOM INC


10-Sep-2008

Other Events


Item 8.01. Other Events

On September 8, 2008, Mark Green, Senior Vice President, Human Resources, entered into a Rule 10b5-1 plan (the "Plan") with a broker to sell shares of common stock of UTStarcom, Inc. (the "Company") for personal financial management purposes. The shares to be sold pursuant to the Plan relate to Company awards of restricted stock, performance shares and restricted stock units. Under the Plan, up to 352,316 shares may be sold beginning in November 2008. The Plan will terminate upon the earlier of the sale of all such shares or September 30, 2011. Sales under the Plan will be reported through appropriate filings with the Securities and Exchange Commission.

The Plan is intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company's insider trading policy. Rule 10b5-1 allows corporate insiders to establish pre-arranged written stock trading plans at a time when the insider is not aware of material, non-public information. Subsequent receipt by the insider of material, non-public information will not prevent pre-arranged transactions under the Rule 10b5-1 plan from being executed.

The Company does not undertake any obligation to report Rule 10b5-1 plans that may be adopted by any of the Company's directors or officers from time to time, or to report any modification or termination of such plans.


  Add UTSI to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for UTSI - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.