TRAVELZOO — Director's Dealing 2017

Jun 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO (tzoo)
CIK: 0001133311
Period of Report: 2017-06-14

Reporting Person: BARTEL RALPH (Director, 10% Owner)
Reporting Person: AZZURRO CAPITAL INC (10% Owner)
Reporting Person: Ralph Bartel 2005 Trust (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-14	Common Stock	S	41963	$10.31	Disposed	7322387	Indirect
2017-06-15	Common stock	S	53833	$10.07	Disposed	7268554	Indirect
2017-06-16	Common Stock	S	27500	$10.02	Acquired	7241054	Indirect

Footnotes

F1: Sale prices for the shares sold ranged from $10.00 to $10.77 per share.

F2: Indirect ownership applies to Ralph Bartel and the 2005 Ralph Bartel Trust

F3: Sale prices for the shares sold ranged from $10.00 to $10.24 per share.

F4: Sale prices for the shares sold ranged from $10.00 to $10.08 per share.

F5: The reporting person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.