TTEC Holdings, Inc. — Director's Dealing 2011

Nov 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELETECH HOLDINGS INC (TTEC)
CIK: 0001013880
Period of Report: 2011-11-18

Reporting Person: Kline Carol J (EVP, Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-18	Common Stock	S	5000	$17.50	Disposed	32975	Direct
2011-11-18	Common Stock	S	5000	$17.75	Disposed	27975	Direct
2011-11-19	Common Stock	M	15000	—	Acquired	42975	Direct
2011-11-19	Common Stock	F	4662	$17.7200	Disposed	38313	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-19	Restricted Stock Units	$0	M	15000	Disposed		Common Stock (15000)	Direct

Footnotes

F1: Reflects vesting of Restricted Stock Units ("RSUs") on November 19, 2011. The Reporting Person initially received 60,000 time-based RSUs on November 19, 2008. The RSUs vest in four equal installments of 15,000 per year beginning on November 19, 2009.

F2: Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs.