TRAVELZOO — Director's Dealing 2020

Mar 19, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO (tzoo)
CIK: 0001133311
Period of Report: 2020-03-17

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
2020-03-17	Common Stock	S	46785	$4.17	Disposed	5255250	Indirect

Footnotes

F1: Shares were sold by E*TRADE Securities LLC (an involuntary sale by Azzurro Capital Inc.)

F2: Sale prices for the shares sold ranged from $4.00 to $4.43.

F3: 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 price.

F4: Indirect ownership applies to Ralph Bartel and the Ralph Bartel 2005 Trust.