TTEC Holdings, Inc. — Director's Dealing 2012

Mar 27, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELETECH HOLDINGS INC (TTEC)
CIK: 0001013880
Period of Report: 2012-03-25

Reporting Person: DEGHETTO MARTIN F (EVP, Global Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-25	Common Stock	M	12500	—	Acquired	38200	Direct
2012-03-25	Common Stock	F	3886	$16.06	Disposed	34314	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-25	Restricted Stock Units	$0	M	12500	Disposed		Common Stock (12500)	Direct

Footnotes

F1: Reflects vesting of Restricted Stock Units ("RSUs") on March 25, 2012. The Reporting Person initially received 50,000 time-based RSUs on March 25, 2010. The RSUs vest in four equal installments of 12,500 per year beginning on March 25, 2011.

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