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TRAVELZOO Director's Dealing 2009

Jan 6, 2009

34147_dirs_2009-01-06_976acdab-2200-4931-a130-025fbf6367dc.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO INC (TZOO)
CIK: 0001133311
Period of Report: 2009-01-06

Reporting Person: AZZURRO CAPITAL INC (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-01-06 Common Stock M 2158349 $1.00 Acquired 10900489 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-01-06 Stock Option (Right to Buy) $1.00 M 2158349 Disposed 2011-01-22 Common Stock (2158349) Direct

Footnotes

F1: Ralph Bartel indirectly holds 99% of Azzurro Capital Inc. through his trust, the Ralph Bartel 2005 Trust, and Holger Bartel,
brother of Ralph Bartel, indirectly holds 1% of Azzurro Capital Inc. through HBT Corporation LLC.

F2: Immediately.