Bridgeline Digital, Inc. — Director's Dealing 2007

Dec 14, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bridgeline Software, Inc. (BLSW)
CIK: 0001378590
Period of Report: 2007-12-12

Reporting Person: Cebula Gary M (Exec. V.P., Treasurer and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-12	Common Stock	X	6667	$.003	Acquired	107666	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-12	Stock Option (right to buy)	$.003	X	6667	Acquired	2012-09-30	Common Stock (6667)	Direct

Footnotes

F1: These options are immediately exercisable in full.