TRAVELZOO

Ticker: TZOO CUSIP: 89421Q205 Class: Common Stock

Caption Management, LLC's Holding History (CIK: 0001706766)

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

Q1 2019

Shares 72,000 Value ($000) $965 Avg Close $13.25 Range $8.72 - $18.33

Q2 2018

Shares 174,500 Value ($000) $2,984 Avg Close $13.41 Range $6.60 - $18.50

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	72,000	$965	$13.25	$8.72 - $18.33
Q2 2018	174,500	$2,984	$13.41	$6.60 - $18.50