TTEC Holdings, Inc. — Director's Dealing 2011

Jan 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELETECH HOLDINGS INC (TTEC)
CIK: 0001013880
Period of Report: 2011-01-03

Reporting Person: BARLETT JAMES E (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-03	Common Stock	M	31000	$9.42	Acquired	317000	Direct
2011-01-03	Common Stock	S	31000	$20.8897	Disposed	286000	Direct
2011-01-03	Common Stock	S	10000	$20.9387	Disposed	276000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-03	Employee Stock Option (Right to Buy)	$9.42	M	31000	Disposed	2011-05-24	Common Stock (31000)	Direct

Footnotes

F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2010.

F2: Represents the weighted average price of multiple transactions with a range of prices between $20.61 and $21.05. The Reporting Person, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities purchased at each separate price.

F3: Represents the weighted average price of multiple transactions with a range of prices between $20.71 and $21.04. The Reporting Person, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities purchased at each separate price.

F4: Options were exercisable immediately into shares of restricted stock for which restrictions lapsed after the one year anniversary of the date of grant.