-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Gt3slZkQqYeWwdJubre2gVmzJV4jrxzAlq0vrEGNWj7sbstFuySi3c1DNYb/xFcj wI+iiL2m5g+ugm4W/qX5pA== 0000074818-98-000005.txt : 19980113 0000074818-98-000005.hdr.sgml : 19980113 ACCESSION NUMBER: 0000074818-98-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971231 FILED AS OF DATE: 19980112 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ORBIT INTERNATIONAL CORP CENTRAL INDEX KEY: 0000074818 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', AND JUNIORS OUTERWEAR [2330] IRS NUMBER: 111826363 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-03936 FILM NUMBER: 98504895 BUSINESS ADDRESS: STREET 1: 80 CABOT CT CITY: HAUPPAUGE STATE: NY ZIP: 11788 BUSINESS PHONE: 5164358300 MAIL ADDRESS: STREET 1: 80 CABOT COURT STREET 2: 80 CABOT COURT CITY: HAUPPAUGE STATE: NY ZIP: 11788 FORMER COMPANY: FORMER CONFORMED NAME: ORBIT INSTRUMENT CORP DATE OF NAME CHANGE: 19911015 COMPANY DATA: COMPANY CONFORMED NAME: REISSMAN BRUCE CENTRAL INDEX KEY: 0001005977 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 80 CABOT COURT CITY: HAUPPAUGE STATE: NY ZIP: 11788 BUSINESS PHONE: 5164358300 MAIL ADDRESS: STREET 1: C/O ORBIT INTERNATIONAL CORP STREET 2: 80 CABOT CT CITY: HAUPPAUGE STATE: NY ZIP: 11788 4 1 FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number 3235-0287 Expires: February 1, 1994 Estimated average burden hours per response .... 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b) 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(f) of the Investment Company Act of 1940 1. Name and Address of Reporting Person Reissman, Bruce 2. Issuer Name and Ticker or Trading Symbol Orbit International Corp. ("ORBT") 6. Relationship of Reporting Person to Issuer (Check all applicable) x Director 10% Owner x Officer (give Other (specify title below) below) Executive Vice President, Chief Operating Officer and Director (Last) (First) (Middle) c/o 80 Cabot Court 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year December, 1997 (Street) Hauppauge, New York 11788 5. If Amendment, Date of Original (Month/Year) (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Tra ns-action Date (Month/ Day/ Year) 3. Tra ns- action Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4) 6. Ow ner-ship Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nat ure of In- direct Bene- ficial Owner- ship (Instr. 4) Code V Amount (A) or (D) Price FORM 4 (continued) 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. Conver- sion or Exercise Price of Deriv- ative Security 3. T rans- action Date (Month/ Day/ Year) 4. Tr ansac- tion Code (Instr. 8) 5. Number of Deriv- ative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exer- cisable and Ex- piration Date (Month/Day/Year) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Deriv- ative Secur- ity (Instr. 5) 9. Nu mber of Deriv- ative Secur- ities Bene- ficially Owned at End of Month (Instr. 4) 10. Owner- ship Form of De- rivative Secu- rity; Direct (D) or Indi- rect (I) (Instr. 4) 11. Na - - ture of In- direct Bene- ficial Own- ership (Instr. 4) Date Exer- cisable Expira- tion Date Title Amount or Number of Shares Code V (A) (D) Employee Stock Option (right to buy) $2.44 12/3/97 A V 35,000 (1) 12/3/97 12/3/07 Common Stock 35,000 295,000 Explanation of Responses: (1) Granted to the Reporting Person under the Company's 1995 Employee Stock Option Plan. /s/Bruce Reissman 1/11/98 **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. **Signature of Reporting Person Date 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 provided is insufficient, see Instruction 6 for procedure. Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Page 4 of 2 (Print or Type Responses) SEC 1474 (3/91) 202079.1 -----END PRIVACY-ENHANCED MESSAGE-----