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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
|_| Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
(Print of Type Responses)
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1. Name and Address of Reporting Person*
Wallner Edgar
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(Last) (First) (Middle)
10115 Kincey Avenue, Suite 250
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(Street)
Huntersville, NC 28078
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Orthofix International N.V. ("OFIX")
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
________________________________________________________________________________
4. Statement for Month/Day/Year
March 6, 2003
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5. If Amendment, Date of Original (Month/Day/Year)
________________________________________________________________________________
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|X| Director |_| 10% Owner
|X| Officer (give title below) |_| Other (specify below)
Deputy Chairman
____________________________________________________________________
________________________________________________________________________________
7. Individual or Joint/Group Filing (Check Applicable line)
|X| Form Filed by One Reporting Person
|_| Form Filed by More than One Reporting Person
________________________________________________________________________________
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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5.
Amount of 6.
4. Securities Owner-
Securities Acquired (A) or Beneficially ship
2A. 3. Disposed of (D) Owned Form: 7.
2. Deemed Transaction (Instr. 3, 4 and 5) Following Direct Nature of
Trans- Execution Code ------------------------------- Reported (D) or Indirect
1. action Date, if (Instr. 8) (A) Transaction(s) Indirect Beneficial
Title of Security Date any ------------ or (Instr. 3 & (I) Ownership
(Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V Amount (D) Price Instr.4) (Instr.4) (Instr.4)
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Common Stock 3/6/03 S 25,200 D (1)
(2)
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Common Stock 3/7/03 S 24,800 D (1) 307,400 D
(2)
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216,500(2) I By Trust
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90,000(3) I By Pension
Fund
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
Potential persons who respond to the collection of information contained in this
form are not required to respond unless the form displays a currently valid OMB
control number.
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9.
Number 10.
of Owner-
deriv- ship
ative Form
2. Secur- of
Conver- 5. 7. ities Deriv- 11.
sion Number of Title and Amount Bene- ative Nature
or Derivative 6. of Underlying 8. ficially Secur- of
Exer- 3A. 4. Securities Date Securities Price Owned ity: In-
cise Deemed Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Follow- Direct direct
Price 3. Execut- action or Disposed Expiration Date ---------------- Deriv- ing (D) or Bene-
1. of Trans- ion Code of(D) (Month/Day/Year) Amount ative Reported In- ficial
Title of Deriv- action Date if (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner-
Derivative ative Date any 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security Secur- (mm/dd/ (mm/dd/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity yy) yy) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Explanation of Responses:
(1) See Schedule A.
(2) The Reporting Person disclaims beneficial ownership of these
securities, and this report shall not be deemed an admission that the
Reporting Person is the beneficial owner of such securities for the
purposes of Section 16 of the Securities Exchange Act of 1934, as
amended, or for any other purposes.
(3) 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 such securities for purposes of Section 16
of the Securities Exchange Act of 1934, as amended, or for any other
purposes.
By: /s/ Brian McCollum 3/10/03
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**Signature of Reporting Person Date
Attorney-in-Fact
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Potential persons who respond to the collection of information contained in this
form are not required to respond unless the form displays a currently valid OMB
control number.
Page 2
Schedule A
Trade Date Transaction Type Quantity Price Per Share
03/06/2003 SELL 500 $27.55
03/06/2003 SELL 1,000 $27.29
03/06/2003 SELL 500 $27.25
03/06/2003 SELL 1,000 $27.18
03/06/2003 SELL 4,000 $27.15
03/06/2003 SELL 8,000 $27.15
03/06/2003 SELL 200 $27.27
03/06/2003 SELL 200 $27.33
03/06/2003 SELL 600 $27.22
03/06/2003 SELL 2,000 $27.20
03/06/2003 SELL 2,000 $27.22
03/06/2003 SELL 5,000 $27.20
03/06/2003 SELL 200 $27.35
03/07/2003 SELL 20,000 $27.12
03/07/2003 SELL 100 $27.40
03/07/2003 SELL 2,700 $27.31
03/07/2003 SELL 2,000 $27.30
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes and
appoints each of Thomas Hein, Brian McCollum and Christy Boyd, signing singly,
the undersigned's true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned, in the
undersigned's capacity as an officer and/or director of
Orthofix International N.V (the "Company"), Forms 3, 4, and 5
in accordance with Section 16(a) of the Securities Exchange
Act of 1934 and the rules thereunder;
(2) do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete
and execute any such Form 3, 4, or 5, complete and execute any
amendment or amendments thereto, and timely file such form
with the United States Securities and Exchange Commission and
any stock exchange or similar authority; and
(3) take any other action of any type whatsoever in connection
with the foregoing which, in the opinion of such
attorney-in-fact, may be of benefit to, in the best interest
of, or legally required by, the undersigned, it being
understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant to this
Power of Attorney shall be in such form and shall contain such
terms and conditions as such attorney-in-fact may approve in
such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this 3rd day of January , 2003.
/s/ Edgar Wallner
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Signature
Edgar Wallner
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Print Name