Holger Bartel - 16 Sep 2021 Form 4 Insider Report for TRAVELZOO (TZOO)

Role
Global Chief Executive Officer
Signature
/s/ Holger Bartel
Issuer symbol
TZOO
Transactions as of
16 Sep 2021
Net transactions value
-$299,045
Form type
4
Filing time
20 Sep 2021, 19:42:28 UTC
Previous filing
16 Sep 2021
Next filing
04 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TZOO Common Stock Options Exercise $144,783 +41,485 $3.49 41,485 16 Sep 2021 Direct F1
transaction TZOO Common Stock Sale $11,370 -1,000 -2.4% $11.37 40,485 16 Sep 2021 Direct F2
transaction TZOO Common Stock Sale $240,110 -20,952 -52% $11.46 19,533 17 Sep 2021 Direct F3
transaction TZOO Common Stock Sale $192,348 -17,810 -91% $10.80 1,723 20 Sep 2021 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TZOO Stock Option (Right-to-Buy) Options Exercise $0 -60,000 -6.7% $0.000000 840,000 16 Sep 2021 Common Stock 60,000 $3.49 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person elected "net settlement" with respect to the exercise price of the options.
F2 Sales prices for the shares sold ranged from $11.31 to $11.40.
F3 Sales prices for the shares sold ranged from $11.40 to $11.50.
F4 Sales prices for the shares sold ranged from $10.75 to $10.85.
F5 Non-qualified stock options granted pursuant to that certain Non-qualified Stock Option Agreement, dated September 5, 2019, as amended March 30, 2020. Such options vested in eight quarterly installments starting from March 31, 2020.