TTEC Holdings, Inc. — Director's Dealing 2011

Mar 8, 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: Troka John R JR (SVP & Interim CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-05	Common Stock	M	25000	—	Acquired	72076	Direct
2011-03-05	Common Stock	F	7770	$20.86000	Disposed	64306	Direct
2011-03-05	Common Stock	M	6250	—	Acquired	70556	Direct
2011-03-05	Common Stock	F	1943	$20.86000	Disposed	68613	Direct
2011-03-08	Common Stock	S	3000	$20.40	Disposed	65613	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-05	Restricted Stock Units	$0	M	25000	Disposed		Common Stock (25000)	Direct
2011-03-05	Restricted Stock Units	$0	M	6250	Disposed		Common Stock (6250)	Direct

Footnotes

F1: Reflects vesting of Restricted Stock Units ("RSUs") on March 5, 2011. The Reporting Person initially received 100,000 time-based RSUs on March 5, 2009. The RSUs vest in four equal installments of 25,000 per year beginning on March 5, 2010.

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

F3: Reflects vesting of RSUs on March 5, 2011. The Reporting Person initially received 25,000 time-based RSUs on March 5, 2010. The RSUs vest in four equal installments of 6,250 per year beginning on March 5, 2011.

F4: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting person on November 12, 2010.