TRAVELZOO — Director's Dealing 2021

Aug 31, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO (TZOO)
CIK: 0001133311
Period of Report: 2021-08-27

Reporting Person: BARTEL HOLGER (Global Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-30	Common Stock	M	17944	$3.49	Acquired	35971	Direct
2021-08-27	Common Stock	S	9502	$12.58	Disposed	26469	Direct
2021-08-30	Common Stock	S	5725	$12.16	Disposed	20744	Direct
2021-08-31	Common Stock	S	2217	$12.34	Disposed	18527	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-30	Stock Option (Right-to-Buy)	$3.49	M	50000	Disposed	2025-09-28	Common Stock (50000.0)	Direct

Footnotes

F1: Number of shares acquired in a cashless exercise approved by Travelzoo's Board of Directors.

F2: Sale prices for the shares sold ranged from $12.47 to $12.68.

F3: Sale prices for the shares sold ranged from $12.00 to $12.40.

F4: Sale prices for the shares sold ranged from $12.16 to $12.49.

F5: Non-qualified stock options granted pursuant to that certain Non-qualified Stock Option Agreement, dated September 28, 2015, as amended March 30, 2020. Such options vested in eight quarterly installments starting from March 31, 2016.