AZZURRO CAPITAL INC - 11 Mar 2022 Form 4 Insider Report for TRAVELZOO (TZOO)

Role
10%+ Owner
Signature
Ralph Bartel, Authorized Signatory
Issuer symbol
TZOO
Transactions as of
11 Mar 2022
Net transactions value
-$389,350
Form type
4
Filing time
15 Mar 2022, 17:11:50 UTC
Previous filing
14 Mar 2022
Next filing
16 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TZOO Common Stock Sale $389,350 -61,606 -1.4% $6.32 4,392,659 11 Mar 2022 Shares sold were directly owned by Azzurro Capital Inc. F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 $6.00 to $6.80 per share
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 Further to the Form 4/A filed 3/1/22 amending the Form 4 filed 11/24/21, and considering the transaction reported in the Form 4 filed 12/17/21, the "Amount of Securities Beneficially Owned Following Reported Transaction(s)" represents shares held by Azzurro Capital Inc. Ralph Bartel holds shares directly as an individual, which are disclosed in a separate Form 4 filing as they are not shares directly or indirectly held by the Ralph Bartel 2005 Trust or Azzurro Capital Inc.
F5 Indirect ownership applies to the Ralph Bartel 2005 Trust.