TTEC Holdings, Inc. — Director's Dealing 2011

Jan 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELETECH HOLDINGS INC (TTEC)
CIK: 0001013880
Period of Report: 2011-01-22

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
2010-03-15	Common Stock	G	5000	—	Disposed	5824866	Direct
2011-01-22	Common Stock	M	50000	—	Acquired	5874866	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-22	Restricted Stock Units	$0	M	50000	Disposed		Common Stock (50000)	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: Shares disposed of by gift to Tuchman Nieces and Nephews Trust on March 15, 2010.

F2: Reflects vesting of Restricted Stock Units ("RSUs") on January 22, 2011. The Reporting Person initially received 250,000 time-based RSUs on June 22, 2007. The RSUs vest in five equal annual installments of 50,000 per year beginning on January 22, 2008.