Parekh Maulik 4
4 · TELETECH HOLDINGS INC · Filed Mar 2, 2009
Insider Transaction Report
Form 4
Parekh Maulik
EVP-Asia
Transactions
- Exercise/Conversion
Common Stock
2009-03-01+2,500→ 5,008 total - Tax Payment
Common Stock
2009-03-01$8.66/sh−785$6,798→ 4,223 total - Exercise/Conversion
Restricted Stock Units
2009-03-01−2,500→ 7,500 totalExercise: $0.00From: 2009-03-01Exp: 2012-03-01→ Common Stock (2,500 underlying)
Footnotes (2)
- [F1]Reflects vesting of Restricted Stock Units ("RSUs") on March 1, 2009. The reporting person initially received 10,000 time-based RSUs on August 7, 2008. The RSUs vest in four equal annual installments (2,500 per year) beginning on March 1, 2009.
- [F2]Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs. Because TeleTech's common stock was not traded on the vesting date, tax withholding is based on the $8.66 per share closing price of TeleTech's common stock on Friday, February 27, 2009 (the last trading day before the vesting date).