-----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, Lxw9kxYHiKOmV0iMVJKisr49+5y7JruyJ3NNcBA/vrMBiglg/0yWTOe6D52gQ/ox 8DJKMVjp2IuYBoemXodhjg== 0000074818-98-000016.txt : 19980626 0000074818-98-000016.hdr.sgml : 19980626 ACCESSION NUMBER: 0000074818-98-000016 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971231 FILED AS OF DATE: 19980625 SROS: NASD FILER: 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: 10-K/A SEC ACT: SEC FILE NUMBER: 000-03936 FILM NUMBER: 98654042 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 10-K/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-K A/1 XX Annual Report Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 for the fiscal year ended December 31, 1997. [No Fee Required] or Transition report pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 for transition period from to . Commission File No. 0-3936 ORBIT INTERNATIONAL CORP. (Exact name of registrant as specified in its charter) Delaware 11-1826363 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 80 Cabot Court, Hauppauge, New York 11788 (Address of principal executive offices) Registrant's telephone number, including area code: (516) 435-8300 Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: Title of Each Class Common Stock, $.10 par value per share Indicate by check mark whether the Registrant has (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) been subject to such filing requirements for the past 90 days. Yes X No ______ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. X Aggregate market value of Registrant's voting stock held by non-affiliates (based on shares held and the closing price quoted on the Nasdaq National Market on March 16, 1998): $23,318,000 Number of shares of common stock outstanding as of the close of the period covered by this report: 6,218,093. Documents incorporated by reference: the Registrant's definitive proxy statement to be filed pursuant to regulation 14A promulgated under the Securities Exchange Act of 1934 in connection with the Registrant's 1998 Annual Meeting of Stockholders. PART III Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT Set forth below is stock ownership information as of April 14, 1998 as to each person who owns, or is known by the Company to own beneficially (within the meaning of Rule 13d-3 under the Securities Exchange Act of 1934), more than 5% of the Company Common Stock, and the number of shares of Common Stock owned by its directors, by all persons named in the Summary Compensation Table and by all officers and directors as a group.
Name and Address of Amount and Name of Beneficial Owner Beneficial Ownership(1) Percent of Class Dennis Sunshine 1,305,138(2) 19.98% c/o 80 Cabot Court Hauppauge, New York Bruce Reissman 988,614(3) 15.17% c/o 80 Cabot Court Hauppauge, New York Alan S. Parsow 370,000(4) 5.9% 2222 Skyline Drive Elkhorn, Nebraska Mitchell Binder 240,200(5) 3.73% c/o 80 Cabot Court Hauppauge, New York Harlan Sylvan 63,000(6) 1.0% c/o 80 Cabot Court Hauppauge, New York John Molloy 9,000(7) * 1815 Parliament Road Leucadia, California Stanley Morris 12,000(7) * 2470 Cove Court Bellmore, New York Marc Pfefferle 0 * 135 East 57th Street New York, New York All officers and directors 2,617,952 36.76% as a group (7 persons)(2)(3)(5)(6)(7)
(1) Except as otherwise noted in the footnotes to this table, the named person owns directly and exercises sole voting and investment power over the shares listed as beneficially owned by such persons. (2) Includes 690,614 shares held by Mr. Sunshine's wife and 3,000 shares held in her IRA. Also includes options to purchase 310,000 shares of Common Stock. (3) Includes options to purchase 295,000 shares of Common Stock. (4) Includes 295,000 shares owned by Parsow Partnership, Ltd. and 75,000 shares owned by Elkhorn Partners Limited Partnership. Mr. Parsow is the sole general partner of both partnerships. (5) Includes options to purchase 220,000 shares of Common Stock. (6) Includes options to purchase 60,000 shares of Common Stock. (7) Includes options to purchase 7,000 shares of Common Stock. * Less than one percent. 259127 v.1 [5JXZ01!.WPD]
-----END PRIVACY-ENHANCED MESSAGE-----