13D Filing: Shah Capital Management and UTStarcom Holdings Corp (UTSI)

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Page 8 of 14 – SEC Filing


SCHEDULE 13D

CUSIP No. 918076100
  1     

NAME OF
REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Tenling Ti

  2

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  ☐        (b)  ☒

  3

SEC USE ONLY

  4

SOURCE OF FUNDS (See Instructions)

PF, OO

  5

CHECK BOX IF DISCLOSURE OF LEGAL
PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)  ☐

  6

CITIZENSHIP OR PLACE OF
ORGANIZATION

United
States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  7 

SOLE VOTING POWER

173,955

  8

SHARED VOTING POWER

0

  9

SOLE DISPOSITIVE POWER

173,955

10

SHARED DISPOSITIVE POWER

0

11    

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

173,95513

12

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)  ☐

13

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

0.5%14

14

TYPE OF REPORTING PERSON (See
Instructions)

IN

13 Includes (i) 132,305 Ordinary Shares and (ii) 41,650 Ordinary Shares subject to exercise of 41,650 stock options held by Mr. Ti currently or within 60 days of the date hereof.
14 Percentage calculated based on 35,500,000 Ordinary Shares outstanding.

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