TRAVELZOO

Ticker: TZOO CUSIP: 89421Q205 Class: Common Stock

Ground Swell Capital, LLC's Holding History (CIK: 0001534450)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 250 Value ($000) $4 Avg Close $17.30 Range $15.50 - $19.72

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	250	$4	$17.30	$15.50 - $19.72