TTEC Holdings, Inc. — Director's Dealing 2012

May 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELETECH HOLDINGS INC (TTEC)
CIK: 0001013880
Period of Report: 2012-05-24

Reporting Person: LINNENBRINGER WILLIAM A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-24	Common Stock	M	4180	—	Acquired	17181	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-24	Restricted Stock Units	$0	M	4180	Disposed		Common Stock (4180)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	50100	Indirect

Footnotes

F1: Reflects vesting of Restricted Stock Units ("RSUs") on May 24, 2012. The Reporting Person initially received 4,180 time-based RSUs on May 26, 2011. The RSUs vest in full on the earlier of: (i) the first anniversary of the date of the grant; (ii) the date of the succeeding year's annual meeting of stockholders; or (iii) any change-in-control event (as defined in the RSU Agreement).