Holger Bartel - 27 Aug 2021 Form 4 Insider Report for TRAVELZOO (TZOO)

Role
Global Chief Executive Officer
Signature
/s/ Holger Bartel
Issuer symbol
TZOO
Transactions as of
27 Aug 2021
Net transactions value
-$153,884
Form type
4
Filing time
31 Aug 2021, 17:28:58 UTC
Previous filing
25 Aug 2021
Next filing
02 Sep 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 $62,625 +17,944 +100% $3.49 35,971 30 Aug 2021 Direct F1
transaction TZOO Common Stock Sale $119,535 -9,502 -26% $12.58 26,469 27 Aug 2021 Direct F2
transaction TZOO Common Stock Sale $69,616 -5,725 -22% $12.16 20,744 30 Aug 2021 Direct F3
transaction TZOO Common Stock Sale $27,358 -2,217 -11% $12.34 18,527 31 Aug 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 -50,000 -4.8% $0.000000 1,000,000 30 Aug 2021 Common Stock 50,000 $3.49 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of shares acquired in a cashless exercise approved by Travelzoo's Board of Directors.
F2 Sale prices for the shares sold ranged from $12.47 to $12.68.
F3 Sale prices for the shares sold ranged from $12.00 to $12.40.
F4 Sale prices for the shares sold ranged from $12.16 to $12.49.
F5 Non-qualified stock options granted pursuant to that certain Non-qualified Stock Option Agreement, dated September 28, 2015, as amended March 30, 2020. Such options vested in eight quarterly installments starting from March 31, 2016.