TRAVELZOO — Director's Dealing 2018

Apr 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO (tzoo)
CIK: 0001133311
Period of Report: 2018-04-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-25	Common Stock	S	141143	$10.15	Disposed	7019357	Indirect
2018-04-27	Common Stock	S	19357	$11.09	Disposed	7000000	Indirect

Footnotes

F1: Sale prices for the shares sold ranged from $9.50 to $10.35 per share.

F2: The reporting person undertakes to provided, 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 price.

F3: Indirect ownership applies to Ralph Bartel and the 2005 Ralph Bartel Trust.

F4: Sale prices for the shares sold ranged from $11.00 to $11.15 per share.