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Bridgeline Digital, Inc. Director's Dealing 2009

May 19, 2009

35048_dirs_2009-05-19_c600b568-c4c6-4010-8a5e-e57efc8051ec.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: 2009-05-14

Reporting Person: Levenson Ronald M (Exec. V.P., CFO and Treasurer)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $1.06 2019-04-13 Common Stock (100000) Direct

Footnotes

F1: These options become exercisable with respect to 1/3 of the underlying shares on each of April 13, 2010, 2011 and 2012.