TRAVELZOO — Director's Dealing 2011

Feb 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO INC (TZOO)
CIK: 0001133311
Period of Report: 2011-02-23

Reporting Person: URSO KELLY M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-23	Common Stock	M	12725	$2.00	Acquired	12725	Direct
2011-02-23	Common Stock	M	5000	$3.00	Acquired	17725	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-23	Stock Option (Right to buy)	$2.00	M	12725	Acquired	2011-10-09	Common Stock (12725)	Direct
2011-02-23	Stock Option (Right to buy)	$3.00	M	5000	Acquired	2012-03-25	Common Stock (5000)	Direct