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Bridgeline Digital, Inc. Director's Dealing 2007

Jun 28, 2007

35048_dirs_2007-06-28_c18f8902-e357-41ce-829d-117097b81fba.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Bridgeline Software, Inc. (BLSW)
CIK: 0001378590
Period of Report: 2007-06-28

Reporting Person: MASSIE THOMAS L (Director, President and CEO, 10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 866667 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $0.003 2012-09-30 Common Stock (6667) Direct
Stock Option (Right to Buy) $3.00 2012-09-03 Common Stock (33333) Direct
Warrant (Right to Buy) $.001 2011-04-21 Common Stock (10000) Direct

Footnotes

F1: These options are immediately exercisable.

F2: These options are immediately exercisable.

F3: This warrant is immediately exercisable.