SEC Form 4 · accession 0001437749-16-035297
Bridgeline Digital, Inc. · BLIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Taglich
Director
Period of report
May 10, 2016
Accepted (ET)
Jul 15, 2016 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001378590
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 12, 2016 | A | 10,959 | $0.73 | A | 10,959 | D | |
| Preferred Series A StockF3,F4 | Jul 1, 2016 | A | 814 | $10.00 | A | 814 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $0.73 | May 10, 2016 | A | 5,000 | A | — | May 10, 2026 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Director has elected to receive a stock grant in lieu of quarterly cash payments otherwise received for services on the Board of Directors.
- F2This option is exercisable with respect to 1/3 of the underlying shares on May 10, 2017, May 10, 2018 and May 10, 2019.
- F3Quarterly preferred stock dividend.
- F4Convertible to common stock at $0.65 per share.