Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Green Mark
   2. Issuer Name and Ticker or Trading Symbol
UTSTARCOM INC [UTSI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, Human Resources
(Last)
(First)
(Middle)
C/O UTSTARCOM, INC.,, 1275 HARBOR BAY PARKWAY		 3. Date of Earliest Transaction (Month/Day/Year)
02/29/2008
(Street)

ALAMEDA, CA 95402		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common stock 02/29/2008   M   22,857 A $ 0 63,923 D  
Common stock 02/29/2008   M   91,429 A $ 0 155,352 D  
Common Stock 03/03/2008   S   10,619 (6) D $ 2.4525 144,733 D  
Common Stock 03/03/2008   S   37,592 (6) D $ 2.4525 107,141 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/29/2008   A   110,000     (2)   (2) Common Stock 110,000 $ 0 110,000 D  
Restricted Stock Units (1) 02/29/2008   A   55,000     (3)   (3) Common Stock 55,000 $ 0 55,000 D  
Restricted stock units (1) 02/29/2008   M     22,857   (4)   (4) Common stock 22,857 $ 0 68,571 D  
Restricted stock units (1) 02/29/2008   M     91,429   (5)   (5) Common stock 91,429 $ 0 91,429 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Green Mark
C/O UTSTARCOM, INC.,
1275 HARBOR BAY PARKWAY
ALAMEDA, CA 95402		       SVP, Human Resources  

Signatures

 By Francis P. Barton, as Attorney-in-Fact on behalf of Mark Green   03/04/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each restricted stock unit represents a contingent right to receive one share of UTStarcom common stock.
(2) The restricted stock units vest in two equal annual installments beginning: 50% on February 27, 2009; and 50% on February 26, 2010.
(3) The restricted stock units will vest in installments beginning: 25% on February 27, 2009; and 25% annually thereafter.
(4) The restricted stock units vest in four equal annual installments beginning 25% on February 29, 2008; 25% on February 27, 2009; 25% on February 26, 2010; and 25% on February 28, 2011.
(5) The restricted stock units vest 50% on February 29, 2008 and 50% on February 27, 2009.
(6) Shares sold to cover tax withholding obligation and funds remitted to the Company with respect thereto

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