AZZURRO CAPITAL INC - 16 Mar 2022 Form 4 Insider Report for TRAVELZOO (TZOO)

Role
10%+ Owner
Signature
Ralph Bartel, Authorized Signatory
Issuer symbol
TZOO
Transactions as of
16 Mar 2022
Net transactions value
-$445,859
Form type
4
Filing time
18 Mar 2022, 16:40:03 UTC
Previous filing
17 Mar 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TZOO Common Stock Sale $445,859 -81,809 -1.9% $5.45 4,253,858 16 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 $5.30 to $5.77 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 The "Amount of Securities Beneficially Owned Following Reported Transaction(s)" represents shares held by Azzurro Capital Inc. Ralph Bartel also holds shares directly as an individual, which are reported in a separate Form 4 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.