Roger E. Kahn - Aug 14, 2022 Form 4 Insider Report for Bridgeline Digital, Inc. (BLIN)

Role: President and CEO
Signature: /s/ Roger E. Kahn
Stock symbol: BLIN
Transactions as of: Aug 14, 2022
Transactions value $: $93,179
Form type: 4
Date filed: 8/16/2022, 07:10 PM
Previous filing: Jun 14, 2022
Next filing: Aug 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLIN	Common Stock (BLIN)	Award	$0	+200K	+287.4%	$0.00	270K	Aug 14, 2022	Direct	F1
transaction	BLIN	Common Stock (BLIN)	Purchase	$93.2K	+67K	+24.87%	$1.39	337K	Aug 16, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reporting Person received a restricted stock award pursuant to the Issuer's 2016 Stock Incentive Plan. The restricted stock award shall vest in twelve (12) equal installments over a period of twelve (12) quarters, commencing with the first fiscal quarter following August 14, 2022.
F2	The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.34 to $1.4 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.

Content

Reporting Person received a restricted stock award pursuant to the Issuer's 2016 Stock Incentive Plan. The restricted stock award shall vest in twelve (12) equal installments over a period of twelve (12) quarters, commencing with the first fiscal quarter following August 14, 2022.

The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.34 to $1.4 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.