TRAVELZOO — Director's Dealing 2017

May 30, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO (TZOO)
CIK: 0001133311
Period of Report: 2017-05-25

Reporting Person: BARTEL RALPH (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-25	Common Stock	S	19613	$11.01	Disposed	7410925	Indirect
2017-05-26	Common Stock	S	25000	$11.02	Disposed	7385925	Indirect
2017-05-30	Common Stock	S	15075	$10.65	Disposed	7370850	Indirect

Footnotes

F1: Purchase prices per share for transactions on May 25 ranged from $11.00 to $11.08 per share.

F2: Purchase prices for transactions on May 26 ranged from $11.00 to $11.15 per share.

F3: Purchase prices for transactions on May 30 ranged from $10.65 to $10.66 per share.

F4: 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 purchased at each separate price.