Key facts
- This page summarizes Ralph Bartel's Form 4 filing for TRAVELZOO (TZOO).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 26 May 2023, 16:11.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote F1
The exercise was approved by the Company on May 24, and the shares were issued on May 26.
Footnote F2
The Reporting Person exercised the options in a "net settlement" after a request for net settlement was reviewed and approved by Travelzoo's board of directors, which consists of a majority of independent directors.
Footnote F3
The "Amount of Securities Beneficially Owned Following Reported Transaction(s)" includes 7,518,571 shares held by Azzurro Capital Inc. Ralph Bartel is the ultimate beneficial owner of these shares via The Ralph Bartel 2005 Trust.
Footnote F4
Non-qualified stock options granted pursuant to that certain Non-qualified Stock Option Agreement dated March 30, 2020. Such options vested in eight quarterly installments starting from June 30, 2020.