TRAVELZOO — Director's Dealing 2023

Aug 29, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRAVELZOO (TZOO)
CIK: 0001133311
Period of Report: 2023-08-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-25	Common Stock	S	18000	$6.79	Disposed	7032596	Indirect
2023-08-28	Common Stock	S	6000	$7.02	Disposed	7026596	Indirect
2023-08-29	Common Stock	S	4000	$7.15	Disposed	7022596	Indirect

Footnotes

F1: Sale prices for the shares sold ranged from $6.75 to $6.92 per share.

F2: 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.

F3: The "Amount of Securities Beneficially Owned Following Reported Transaction(s)" represents shares held by Azzurro Capital Inc.

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

F5: Sale prices for the shares sold ranged from $7.00 to $7.04 per share.

F6: Sale prices for the shares sold ranged from $7.12 to $7.15 per share.