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Travelzoo (TZOO)

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Insider Trading: Sales

Insider	Price	Amount	Total Value	Remaining Holdings	Date	Form 4
Ralph Large Shareholder	$59.34	131,161	$7,783,093.74	8,500,000	2011-06-15	Filing
Azzurro Large Shareholder	$59.34	131,161	$7,783,093.74	8,500,000	2011-06-15	Filing
Ralph Large Shareholder	$66.60	68,839	$4,584,677.40	8,631,161	2011-06-03	Filing
Bartel Large Shareholder, Director	$66.60	68,839	$4,584,677.40	8,631,161	2011-06-03	Filing
Azzurro Large Shareholder	$66.60	68,839	$4,584,677.40	8,631,161	2011-06-03	Filing
Ralph Large Shareholder	$71.04	499,116	$35,457,200.64	8,700,000	2011-06-02	Filing
Bartel Large Shareholder, Director	$71.04	499,116	$35,457,200.64	8,700,000	2011-06-02	Filing
Azzurro Large Shareholder	$71.04	499,116	$35,457,200.64	8,700,000	2011-06-02	Filing
Azzurro Large Shareholder	$73.12	196,944	$14,400,545.28	9,199,116	2011-06-01	Filing
Ralph Large Shareholder	$73.12	196,944	$14,400,545.28	9,199,116	2011-06-01	Filing
Bartel Large Shareholder, Director	$73.12	196,944	$14,400,545.28	9,199,116	2011-06-01	Filing
Ralph Large Shareholder	$76.28	600,000	$45,768,000.00	9,396,060	2011-05-31	Filing
Bartel Large Shareholder, Director	$76.28	600,000	$45,768,000.00	9,396,060	2011-05-31	Filing
Azzurro Large Shareholder	$76.28	600,000	$45,768,000.00	9,396,060	2011-05-31	Filing
Ralph Large Shareholder	$70.42	18,410	$1,296,432.20	9,996,060	2011-05-27	Filing
Ralph Large Shareholder	$72.10	95,000	$6,849,500.00	10,014,470	2011-05-26	Filing
Ralph Large Shareholder	$73.15	198,904	$14,549,827.60	10,109,470	2011-05-25	Filing
Bartel Large Shareholder, Director	$70.42	18,410	$1,296,432.20	9,996,060	2011-05-27	Filing
Bartel Large Shareholder, Director	$72.10	95,000	$6,849,500.00	10,014,470	2011-05-26	Filing
Bartel Large Shareholder, Director	$73.15	198,904	$14,549,827.60	10,109,470	2011-05-25	Filing