TTEC Holdings, Inc. — Director's Dealing 2011

Mar 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELETECH HOLDINGS INC (TTEC)
CIK: 0001013880
Period of Report: 2011-03-05

Reporting Person: TUCHMAN KENNETH D (Director, CEO & Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-05	Common Stock	M	75000	—	Acquired	5949866	Direct
2011-03-05	Common Stock	F	30810	$20.86000	Disposed	5919056	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-05	Restricted Stock Units	$0	M	75000	Disposed		Common Stock (75000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14766806	Indirect
Common Stock	10000000	Indirect
Common Stock	200000	Indirect
Common Stock	10000	Indirect

Footnotes

F1: Reflects vesting of Restricted Stock Units ("RSUs") on March 5, 2011. The Reporting Person initially received 300,000 time-based RSUs on March 5, 2010. The RSUs vest in four equal installments of 75,000 per year beginning on March 5, 2011.

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