TRAVELZOO — Director's Dealing 2021

Dec 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO (TZOO)
CIK: 0001133311
Period of Report: 2021-12-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-16	Common Stock	P	61500	$10.26	Acquired	4897869	Indirect

Footnotes

F1: The "Amount of Securities Beneficially Owned Following Reported Transaction(s)" was not impacted by this transaction. The 61,500 shares purchased by Ralph Bartel were previously owned by Azzurro Capital Inc., which is beneficially owned by Ralph Bartel.

F2: The "Amount of Securities Beneficially Owned Following Reported Transaction(s)" is comprised of 171,887 shares owned by Ralph Bartel in an individual capacity (Direct Ownership), plus 200,000 shares owned by the Ralph Bartel 2005 Trust and 4,525,982 shares owned by Azzurro Capital Inc. (Indirect Ownership). Ralph Bartel is the ultimate beneficial owner of the Ralph Bartel 2005 Trust and Azzurro Capital Inc.