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Bridgeline Digital, Inc. Director's Dealing 2008

Aug 21, 2008

35048_dirs_2008-08-21_0a7632bc-66b2-44bb-82b0-09ce1be18f7f.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: 2008-08-19

Reporting Person: Hegarty Robert M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-19	Stock Option (right to buy)	$1.76	A	10000	Acquired	2018-08-19	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2000	Indirect
Common Stock	10000	Direct

Footnotes

F1: These options will become exercisable with respect to 1/3 of the underlying shares on each of August 19, 2009, August 19,
2010 and August 19, 2011.