Michael N. Taglich - Dec 21, 2021 Form 4 Insider Report for Bridgeline Digital, Inc. (BLIN)

Role
Director
Signature
/s/ Michael N. Taglich
Stock symbol
BLIN
Transactions as of
Dec 21, 2021
Transactions value $
$9,219
Form type
4
Date filed
12/23/2021, 04:42 PM
Previous filing
Dec 7, 2021
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLIN Common Stock Exercise of in-the-money or at-the-money derivative security $9.22K +2.38K +2.71% $3.88 90.3K Dec 21, 2021 Direct F1, F2
holding BLIN Common Stock 35 Dec 21, 2021 By spouse F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BLIN Common Stock Warrants (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -2.38K -100% $0.00* 0 Dec 21, 2021 Common Stock 2.38K $3.88 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.