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 *
Battery Ventures VIII lp
  2. Issuer Name and Ticker or Trading Symbol
ExactTarget, Inc. [ET]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
930 WINTER STREET, SUITE 2500
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2012
(Street)

WALTHAM, MA 02451
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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 09/17/2012   S   2,576,228 (1) (2) D $ 21.4594 7,231,984 (2) I See footnote (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Battery Ventures VIII lp
930 WINTER STREET
SUITE 2500
WALTHAM, MA 02451
    X    
BATTERY VENTURES VIII SIDE FUND LP
930 WINTER STREET
SUITE 2500
WALTHAM, MA 02451
    X    
Battery Management, LLC
930 WINTER STREET
SUITE 2500
WALTHAM, MA 02451
    X    
Battery Partners VIII, LLC
930 WINTER STREET
SUITE 2500
WALTHAM, MA 02451
    X    
CROTTY THOMAS J
930 WINTER STREET
SUITE 2500
WALTHAM, MA 02451
    X    
Agrawal Neeraj
930 WINTER STREET
SUITE 2500
WALTHAM, MA 02451
    X    
DHALIWAL SUNIL
930 WINTER STREET
SUITE 2500
WALTHAM, MA 02451
    X    
FRISBIE RICHARD D
930 WINTER STREET
SUITE 2500
WALTHAM, MA 02451
    X    
LAWLER KENNETH P
930 WINTER STREET
SUITE 2500
WALTHAM, MA 02451
    X    
Lee Roger H
930 WINTER STREET
SUITE 2500
WALTHAM, MA 02451
    X    

Signatures

 /s/ Christopher Schiavo, acting as attorney-in-fact for Battery Ventures VIII, L.P.   09/19/2012
**Signature of Reporting Person Date

 /s/ Christopher Schiavo, acting as attorney-in-fact for Battery Ventures VIII Side Fund, L.P.   09/19/2012
**Signature of Reporting Person Date

 /s/ Christoper Schiavo, acting as attorney-in-fact on behalf of Battery Management, LLC   09/19/2012
**Signature of Reporting Person Date

 /s/ Christopher Schiavo, acting as attorney-in-fact for Batter Partners VIII, LLC   09/19/2012
**Signature of Reporting Person Date

 /s/ Christopher Schiavo, acting as attorney-in-fact for Thomas J. Crotty   09/19/2012
**Signature of Reporting Person Date

 /s/ Christopher Schiavo, acting as attorney-in-fact for Neeraj Agrawal   09/19/2012
**Signature of Reporting Person Date

 /s/ Christopher Schiavo, acting as attorney-in-fact for Sunil Dhaliwal   09/19/2012
**Signature of Reporting Person Date

 /s/ Christopher Schiavo, acting as attorney-in-fact for Richard D. Frisbie   09/19/2012
**Signature of Reporting Person Date

 /s/ Christopher Schiavo, acting as attorney-in-fact for Kenneth P. Lawler   09/19/2012
**Signature of Reporting Person Date

 /s/ Christopher Schiavo, acting as attorney-in-fact for Roger H. Lee   09/19/2012
**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) The shares reported in column 4 include 1,288,114 shares sold by Battery Ventures VIII, L.P. and 1,288,114 shares sold by Battery Ventures VIII Side Fund, L.P.
(2) The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
(3) The shares reported in column 5 include 3,605,992 owned of record by Battery Ventures VIII Side Fund, L.P., 3,605,992 owned of record by Battery Ventures VIII, L.P., and 20,000 owned of record by Battery Management Company, LLC. Battery Partners VIII, LLC is the sole general partner of Battery Ventures VIII, L.P. and Battery Ventures VIII Side Fund, LLC is the sole general partner of Battery Ventures VIII Side Fund, L.P. Michael Brown, Neeraj Agrawal, Thomas J. Crotty, Sunil Dhaliwal, Richard D. Frisbie, Kenneth P. Lawler, Roger H. Lee, R. David Tabors and Scott R. Tobin are the managing members of Battery Partners VIII, LLC and Battery Ventures VIII Side Fund, LLC and may be deemed to have shared voting and dispositive power over the shares held by Battery Ventures VIII, L.P. and Battery Ventures VIII Side Fund, L.P. Thomas J. Crotty has sole voting and dispositive power over the shares held by Battery Management Company, LLC.
 
Remarks:
The Reporting Persons are part of a 13(d) group owning more than 10% of the Issuer's outstanding equity securities.  Due to the limit of joint filers that can be included on one form, Battery Ventures VIII, L.P., Battery Ventures VIII Side Fund, L.P., Battery Management Company, LLC, Battery Partners VIII, LLC, Battery Ventures VIII Side Fund, LLC, Neeraj Agrawal, Michael M. Brown, Thomas J. Crotty, Sunil Dhaliwal, Richard D. Frisbie, Kennth P. Lawler, Roger H. Lee, R. David Tabors and Scott R. Tobin have filed two separate forms simultaneously, which relate to the same securities of the Issuer held by such Reporting Persons.

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