Bridgeline Digital, Inc. — Director's Dealing 2021

Dec 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bridgeline Digital, Inc. (BLIN)
CIK: 0001378590
Period of Report: 2021-12-21

Reporting Person: TAGLICH MICHAEL N (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-21	Common Stock	X	2379	$3.875	Acquired	90312	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-21	Common Stock Warrants (right to buy)	$3.875	X	2379	Disposed	2026-02-04	Common Stock (2379)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	35	Indirect

Footnotes

F1: For the purposes of this Form 4, the number of shares of common stock of Bridgeline Digital, Inc (the "Company") beneficially owned by the Reporting Person is the number of shares in Table 1 Column 4 (2,379) plus 87,933 shares of common stock beneficially owned by the Reporting Person prior to this reported transaction calculated as follows: (x) 360,229 shares (representing the total beneficial ownership of the Reporting Person reflected in the beneficial ownership table included in the Company's Form 10-K, filed with the commission on December 20, 2021) minus (y)(i) 195,662 shares of common stock underlying currently exercisable warrants; (ii) 37,708 shares of common stock underlying currently exercisable options; (iii) 2 shares of common stock underlying currently exercisable warrants owned by the Reporting Person's spouse (the ownership of which the Reporting Person disclaims);

F2: (iv) 35 shares of common stock owned by the Reporting Person's spouse (the ownership of which the Reporting Person disclaims); and (v) 38,889 shares of common stock issuable upon the conversion of the Company's Series C Preferred Stock.

F3: The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose.