Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
FERRARI LUIGI
   2. Issuer Name and Ticker or Trading Symbol
ORTHOFIX INTERNATIONAL N V [OFIX] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, Orthopedics
(Last)
(First)
(Middle)
C/O ORTHOFIX INTERNATIONAL N.V., 3451 PLANO PARKWAY		 3. Date of Earliest Transaction (Month/Day/Year)
08/15/2012
(Street)

LEWISVILLE, TX 75056		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/15/2012   M   700 A $ 32.18 19,850 D  
Common Stock 08/15/2012   S   700 D $ 41.2 19,150 D  
Common Stock 08/15/2012   J   1,645 (1) D $ 24.65 (2) 17,505 D  
Common Stock 08/15/2012   S   1,672 D $ 41.37 15,833 D  
Common Stock 08/16/2012   M   2,033 A $ 23.58 17,866 D  
Common Stock 08/16/2012   S   2,033 D $ 41.4 15,833 D  
Common Stock 08/16/2012   M   677 A $ 25.01 16,510 D  
Common Stock 08/16/2012   S   677 D $ 41.4 15,833 D  
Common Stock 08/16/2012   M   2,675 A $ 32.18 18,508 D  
Common Stock 08/16/2012   S   2,675 D $ 41.2 15,833 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to buy) $ 32.18 08/15/2012   M     700   (3) 08/06/2016 Common Stock 700 $ 0 2,675 D  
Stock Option (Right to buy) $ 23.58 08/16/2012   M     2,033   (4) 07/25/2019 Common Stock 2,033 $ 0 0 D  
Stock Option (Right to buy) $ 25.01 08/16/2012   M     677   (5) 06/30/2019 Common Stock 677 $ 0 4,323 D  
Stock Option (Right to buy) $ 32.18 08/16/2012   M     2,675   (3) 08/06/2016 Common Stock 2,675 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FERRARI LUIGI
C/O ORTHOFIX INTERNATIONAL N.V.
3451 PLANO PARKWAY
LEWISVILLE, TX 75056		       President, Orthopedics  

Signatures

 /s/ Peter Pastorelle, by power of attorney   08/17/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares acquired under the Company's Stock Purchase Plan on February 2, 2012.
(2) Price per share was set at the end of the Stock Purchase plan reporting period. This price was based on the value of the Company's stock on the first day of the plan year.
(3) The option vested on August 6, 2006.
(4) The option vested with respect to 33 and one third percent (33 1/3%) of the shares covered therby on each of the first, second, and third anniversaries of July 25, 2009.
(5) The option vested with respect to 33 and one third percent (33 1/3%) of the shares covered therby on each of the first, second, and third anniversaries of June 30, 2009.

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