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Bridgeline Digital, Inc. Director's Dealing 2007

Oct 30, 2007

35048_dirs_2007-10-30_3cf85a3f-b192-4043-bc1a-c0c507e569da.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bridgeline Software, Inc. (BLSW)
CIK: 0001378590
Period of Report: 2007-10-26

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-10-26 Stock Option (right to buy) $3.69 A 10000 Acquired 2017-10-26 Common Stock (10000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 100999 Direct

Footnotes

F1: These options will become exercisable with respect to 1/3 of the underlying shares on each of October 26, 2008, 2009 and
2010.