Form 4 - Ralph Bartel
FORM 4
[  ]  Check this box if no longer
       subject to Section 16. Form
       4 or Form 5 obligations
       may continue.
       See Instruction 1(b).

(Print or Type Responses)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
       OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden
hours per response. . . .0.5

1. Name and Address of Reporting Person*

                              Bartel, Ralph
2. Issuer Name and Ticker or Trading Symbol

     Travelzoo Inc. (TVZO)
6. Relationship of Reporting Person(s) to Issuer
                              (Check all applicable)
 X  Director                               X  10% Owner
 X  Officer (give title below)    ___ Other (specify below)

        Chief Executive Officer
(Last)          (First)        (Middle)

590 Madison Avenue, 21st Floor
3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (Voluntary)
4. Statement for Month/Day/Year
     2/24/03
(Street)

New York, NY 10022
5. If Amendment,
    Date of Original
    (Month/Day/Year)
 
7. Individual or Joint/Group Filing
    (Check Applicable Line)
     X  Form filed by One Reporting Person
    __ Form filed by More than One Reporting Person
(City)          (State)        (Zip)  

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
    (Instr. 3)
2. Transaction
    Date
    (Month/
    Day/
    Year)
2A. Deemed
    Execution
    Date, if
    any
    (Month/
    Day/
    Year)
3. Transaction
    Code
    (Instr. 8)
4. Securities Acquired (A)
    or Disposed of (D)
    (Instr. 3, 4 and 5)
5. Amount of
    Securities
    Beneficially
    Owned
    Following
    Reported
    Trans-
    action(s)
    (Instr. 3
    and 4)

6. Ownership
    Form:
    Direct (D)
    or
    Indirect (I)
    (Instr. 4)
7. Nature of
    Indirect
    Beneficial
    Ownership
    (Instr. 4)
Code V Amount (A)
or
(D)
Price
Common Stock 
8/28/02      500  $6.50       
Common Stock 
8/29/02      34  $6.50       
Common Stock 
8/30/02      300  $7.00       
Common Stock 
9/5/02      100  $6.00       
Common Stock 
9/13/02      500  $6.50       
Common Stock 
9/19/02      500  $6.50       
Common Stock 
9/24/02      500  $6.50       
Common Stock 
9/25/02      100  $6.50       
Common Stock 
9/26/02      115  $6.50       
Common Stock 
10/29/02      100  $2.00       
Common Stock 
11/13/02      100  $4.00       
Common Stock 
11/22/02      100  $3.00       
Common Stock 
11/28/02      100  $4.00       
Common Stock 
12/6/02      7,000  $4.00       
Common Stock 
12/6/02      500  $3.91       
Common Stock 
12/20/02      500  $4.00       
Common Stock 
12/27/02      4,500  $4.00       
Common Stock 
12/31/02      1,000  $4.00       
Common Stock 
1/3/03      1,000  $4.00       
Common Stock 
1/21/03      1,000  $5.00       
Common Stock 
1/23/03      1,000  $5.00       
Common Stock 
2/4/03      200  $5.00       
Common Stock 
2/6/03      100  $5.00       
Common Stock 
2/12/03      300  $5.00       
Common Stock 
2/24/03      100  $5.00  14,018,374 D  
Form 4 (continued) Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
 
1. Title of
    Derivative
    Security
    (Instr. 3)
2. Conversion
    or
    Exercise
    Price of
    Derivative
    Security
3. Transaction
    Date
    (Month/
    Day/
    Year)
3A. Deemed
    Execution
    Date, if
    any
    (Month/
    Day/
    Year)
4. Transaction
    Code
    (Instr. 8)
5. Number
    of
    Derivative
    Securities
    Acquired
    (A) or
    Disposed
    of (D)
    (Instr. 3,
    4, and 5)
6. Date
    Exercisable
    and
    Expiration
    Date
    (Month/Day/
    Year)
7. Title and Amount
    of Underlying
    Securities
    (Instr. 3 and 4)
8. Price of
    Derivative
    Security
    (Instr. 5)
9. Number
    of
    Derivative
    Securities
    Beneficially
    Owned
    Following
    Reported
    Trans-
    action(s)
    (Instr. 4)
10. Ownership
    Form of
    Derivative
    Security:
    Direct
    (D) or
    Indirect
    (I)
    (Instr. 4)
11. Nature
    of
    Indirect
    Beneficial
    Ownership
    (Instr. 4)
Code V (A) (D) Date
Exerci-
sable
Expira-
tion Date
Title Amount or Number of Shares
 
                             
 
                             
 
                             
 
                             
 
                             
 
                             
 
                             
 
                             
 
                             
 
                             

Explanation of Responses:

      /s/ Ralph Bartel
  3/3/03 
      ** Signature of Reporting Person   Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.