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1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _____________)* TeleTech Holdings, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) common stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 879939 10 6 - -------------------------------------------------------------------------------- (CUSIP Number) NOTE: Six copies of this Statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosure provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on following page(s)) Page 1 of 5 Pages 2 CUSIP NO. 879939 10 6 13G PAGE 2 OF 5 PAGES - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Kenneth D. Tuchman - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / / N/A - ------------------------------------------------------------------------------- 3 - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 35,922,400 NUMBER OF --------------------------------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 400,000 EACH --------------------------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 35,922,400 --------------------------------------------------------------- 8 SHARE DISPOSITIVE POWER 400,000 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 36,322,400 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 10,000 /X/ - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 65.2% - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- 3 Item 1(a) Name of Issuer TeleTech Holdings, Inc. Item 1(b) Address of Issuer's Principal Executive Offices 1700 Lincoln Street Suite 1400 Denver, Colorado 80203 Item 2(a) Name of Person Filing Kenneth D. Tuchman Item 2(b) Address of Principal Business Office 1700 Lincoln Street Suite 1400 Denver, Colorado 80203 Item 2(c) Citizenship United States Item 2(d) Title of Class of Securities common stock, par value $.01 per share Item 2(e) CUSIP Number 879939 10 6 Item 3 If this Statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b) Not Applicable Item 4 Ownership (a) Amount Beneficially Owned: 36,322,400 shares (b) Percent of Class: 65.2% Page 3 of 5 Pages 4 (c) Number of Shares as to which such person has: (i) sole power to vote or to direct the vote: 35,922,400 (ii) shared power to vote or to direct the vote: 400,000 (iii) sole power to dispose or to direct the disposition of: 35,922,400 (iv) shared power to dispose or to direct the disposition of: 400,000 Item 5 Ownership of Five Percent or Less of a Class Not Applicable Item 6 Ownership of More Than Five Percent on Behalf of Another Person Not Applicable Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company Not Applicable Item 8 Identification and Classification of Members of the Group Not Applicable Item 9 Notice of Dissolution of Group Not Applicable Item 10 Certification Not Applicable Page 4 of 5 Pages 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and accurate. January 31, 1997 ------------------------- Date /s/ Kenneth D. Tuchman ------------------------ Kenneth D. Tuchman Page 5 of 5 Pages