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Travelzoo (TZOO)

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Insider Trading: Sales

Insider	Price	Amount	Relationship	Remaining Holdings	Date	Form 4
Bartel	$73.15	198,904	Large Shareholder, Director	10,109,470	2011-05-25	Filing
Azzurro	$70.42	18,410	Large Shareholder	9,996,060	2011-05-27	Filing
Azzurro	$72.10	95,000	Large Shareholder	10,014,470	2011-05-26	Filing
Azzurro	$73.15	198,904	Large Shareholder	10,109,470	2011-05-25	Filing
Loughlin	$82.00	140	Officer	0	2011-05-02	Filing
Loughlin	$80.50	12,500	Officer	140	2011-05-02	Filing
Ralph	$85.31	27,863	Large Shareholder	10,314,296	2011-04-29	Filing
Bartel	$85.31	28,144	Large Shareholder, Director	10,308,374	2011-04-29	Filing
Azzurro	$85.31	28,144	Large Shareholder	10,308,374	2011-04-29	Filing
Ralph	$84.90	99,000	Large Shareholder	10,342,159	2011-04-28	Filing
Bartel	$84.90	100,000	Large Shareholder, Director	10,336,518	2011-04-28	Filing
Azzurro	$84.90	100,000	Large Shareholder	10,336,518	2011-04-28	Filing
Bartel	$86.43	180,000	Large Shareholder, Director	10,436,518	2011-04-27	Filing
Ralph	$86.43	178,200	Large Shareholder	10,441,159	2011-04-27	Filing
Azzurro	$86.43	180,000	Large Shareholder	10,436,518	2011-04-27	Filing
Ralph	$91.87	316,800	Large Shareholder, Director	10,619,359	2011-04-26	Filing
Azzurro	$91.87	320,000	Large Shareholder, Director	10,616,518	2011-04-26	Filing
Bartel	$91.87	320,000	Large Shareholder, Director	10,616,518	2011-04-26	Filing
Urso	$102.13	4,000	Director	525	2011-04-25	Filing
Urso	$100.01	5,000	Director	4,525	2011-04-25	Filing