FILED PURSUANT TO RULE 424(b)(3) and 424(c)
REGISTRATION STATEMENT NO. 333-106944
Prospectus Supplement
(To Prospectus Dated September 16, 2003)
$402,500,000
UTSTARCOM, INC.
0.875% Convertible Subordinated Notes due March 1, 2008 (the "Convertible Notes")
and the Common Stock Issuable Upon Conversion of
the Convertible Notes
This prospectus supplement relates to the resale by selling security holders of their Convertible Notes and the shares of common stock issuable upon the conversion of the Convertible Notes.
This prospectus supplement should be read in conjunction with, and may not be delivered or utilized without, the prospectus dated September 16, 2003, including any amendments or supplements thereto. The terms of the Convertible Notes are set forth in the prospectus.
The information in the table appearing under the heading "Selling Security Holders" beginning on page 52 of the prospectus is amended by adding the information below with respect to persons not previously listed in the prospectus or in any amendments or supplements thereto, and by superceding the information with respect to persons listed in the prospectus or in any amendments or supplements thereto that are listed below:
Name |
Principal Amount at Maturity of Convertible Notes Beneficially Owned That May be Sold |
Percentage of Convertible Notes Outstanding |
Number of Shares of Common Stock That May be Sold (1) |
Percentage of Common Stock Outstanding (2) |
|||||
---|---|---|---|---|---|---|---|---|---|
Advent Convertible Master (Cayman) L.P. (ACM) | $ | 8,195,000 | 2.04 | % | 344,472 | * | |||
Alpha U.S. Sub Fund LLC (ACM) | $ | 365,000 | * | 15,343 | * | ||||
Barclays Global Investors Diversified Alpha Plus Funds c/o Forest Investment Mngt. LLC | $ | 589,000 | * | 24,758 | * | ||||
Credit Suisse First Boston LLC | $ | 15,098,000 | 3.75 | % | 634,636 | * | |||
Deephaven Domestic Convertible Trading Ltd. | $ | 6,935,000 | 1.72 | % | 291,509 | * | |||
Delta Airlines Master Trust | $ | 1,250,000 | * | 52,543 | * | ||||
Delta Pilots Disability and Survivorship Trust | $ | 355,000 | * | 14,922 | * | ||||
Forest Fulcrum Fund LP | $ | 1,531,000 | * | 64,355 | * | ||||
Forest Global Convertible Fund, Ltd., Class A-5 | $ | 5,589,000 | 1.39 | % | 234,931 | * | |||
Forest Multi-Strategy Master Fund SPC, on behalf of its Multi-Strategy Segregated Portfolio | $ | 2,083,000 | * | 87,558 | * | ||||
HFR Arbitrage Fund (ACM) | $ | 392,000 | * | 16,478 | * | ||||
Laurel Ridge Capital, LP | $ | 2,500,000 | * | 105,086 | * | ||||
LLT Limited | $ | 529,000 | * | 22,236 | * | ||||
Lyxor (ACM) | $ | 972,000 | * | 40,858 | * | ||||
Lyxor/Forest Fund Ltd. c/o Forest Investment Mngt. LLC | $ | 2,576,000 | * | 108,281 | * | ||||
Relay 11 Holdings Co. c/o Forest Investment Mngt. LLC | $ | 379,000 | * | 15,931 | * | ||||
Sphinx Convertible Arbitrage SPC c/o Forest Investment Mngt. LLC | $ | 220,000 | * | 9,248 | * | ||||
Sphinx Convertible Arbitrage Fund SPC | $ | 65,000 | * | 2,732 | * | ||||
Tag Associates (ACM) | $ | 76,000 | * | 3,195 | * | ||||
Univest Convertible Arbitrage Fund Ltd. c/o Forest Investment Mngt. LLC | $ | 340,000 | * | 14,292 | * | ||||
US Bancorp Piper Jaffray | $ | 8,000,000 | 1.99 | % | 336,276 | * | |||
Wolverine Asset Management LLC | $ | 8,328,000 | 2.07 | % | 350,063 | * | |||
Xavex Convertible Arbitrage 4 Fund c/o Forest Investment Mngt. LLC | $ | 284,000 | * | 11,938 | * | ||||
Zurich Institutional Benchmarks Master Fund Ltd. c/o Forest Investment Mngt. LLC | $ | 880,000 | * | 36,990 | * |
We prepared this table based on the information supplied to us on or before October 3, 2003 by the selling security holders named in the table.
Investing in the Convertible Notes involves risks that are described in the "Risk Factors" section beginning on page 6 of the prospectus.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.
The date of this prospectus supplement is October 7, 2003.