TTEC Holdings, Inc. — Director's Dealing 2014

May 23, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELETECH HOLDINGS INC (TTEC)
CIK: 0001013880
Period of Report: 2014-05-22

Reporting Person: BAHL TRACY L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-22	Common Stock	M	4009	—	Acquired	4009	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-22	Restricted Stock Units	$0	M	4009	Disposed		Common Stock (4009)	Direct
2014-05-22	Restricted Stock Units	$0	A	2880	Acquired		Common Stock (2880)	Direct

Footnotes

F1: Reflects vesting of Restricted Stock Units ("RSUs") on May 22, 2014. The Reporting Person initially received 4,009 time-based RSUs on September 13, 2013. 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).

F2: The Reporting Person received 2,880 time-based RSUs on May 22, 2014. 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).