Filing Details
- Accession Number:
- 0001052816-10-000014
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-07-06 13:00:00
- Reporting Period:
- 2010-07-01
- Filing Date:
- 2010-07-06
- Accepted Time:
- 2010-07-06 16:10:46
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 74818 | Orbit International Corp | ORBT | Electronic Components, Nec (3679) | 111826363 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1052816 | Mitchell Binder | 80 Cabot Court Hauppauge NY 11788 | Executive Vp And Cfo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $.10 Par Value | Acquisiton | 2010-07-01 | 1,601 | $1.07 | 108,664 | No | 4 | M | Direct | |
| Common Stock, $.10 Par Value | Disposition | 2010-07-01 | 1,601 | $3.42 | 107,063 | No | 4 | S | Direct | |
| Common Stock, $.10 Par Value | Acquisiton | 2010-07-06 | 100 | $1.07 | 107,163 | No | 4 | M | Direct | |
| Common Stock, $.10 Par Value | Disposition | 2010-07-06 | 100 | $3.40 | 107,063 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Option to purchase common stock, $.10 par value | Disposition | 2010-07-01 | 1,601 | $0.00 | 1,601 | $1.07 |
| Common Stock | Option to purchase common stock, $.10 par value | Disposition | 2010-07-06 | 100 | $0.00 | 100 | $1.07 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 173,741 | 2002-01-25 | 2011-01-25 | No | 4 | M | Direct |
| 173,641 | 2002-01-25 | 2011-01-25 | No | 4 | M | Direct |
Footnotes
- These shares were exercised and sold under a written and binding trading plan pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934.
Billionaire Hedge Funds
