UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 9)*
ORBIT INTERNATIONAL CORP.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
685559304
(CUSIP Number)
Alan S. Parsow | with a copy to | David L. Hefflinger |
Elkhorn Partners Limited Partnership | | Jason D. Benson |
2222 Skyline Drive | | McGrath North Mullin |
Elkhorn, NE 68022 | | & Kratz, PC LLO |
(402) 289-3217 | | Suite 3700 First National Tower |
| | Omaha, NE 68102 |
| | (402) 341-3070 |
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 28, 2013
(Date of Event which Required Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g) check the following box [ ].
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.
CUSIP NO. 685559304 | 13D | Page 2 of 3 Pages |
1. | Name of Reporting Person |
Elkhorn Partners Limited Partnership
2. | Check the Appropriate Box if a Member of a Group |
WC
5. | Check Box if Disclosure of Legal Proceedings is Required |
Pursuant to Items 2(d) or 2(e)
/ /
6. | Citizenship or Place of Organization |
Nebraska
| 7. Sole Voting Power |
| |
| 1,021,650 Shares |
Number of | |
Shares | 8. Shared Voting Power |
Beneficially | |
Owned by | 0 |
Reporting | |
Person | 9. Sole Dispositive Power |
With | |
| 1,021,650 Shares |
| |
| 10. Shared Dispositive Power |
| |
| 0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person |
1,021,650 Shares
12. | Check Box if Aggregate Amount in Row 11 Excludes Certain |
Shares
/ /
13. | Percent of Class Represented by Amount in Row 11 |
Approximately 22.4% of voting securities
14. | Type of Reporting Person |
PN
CUSIP NO. 685559304 | 13D | Page 3 of 3 Pages |
Elkhorn Partners Limited Partnership (the "Partnership") makes this filing to amend certain information previously reported by the Partnership. This filing constitutes Amendment No. 9 to the Schedule 13D of the Partnership. The Partnership amends such prior Schedule 13D reports with respect to the common stock of Orbit International Corp. (“Orbit”) by adding the following information to the items indicated:
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a)(b) As of October 28, 2013, the Partnership owns 991,600 shares of Orbit common stock. Alan S. Parsow also owns 30,050 shares of Orbit common stock in an individual retirement account. The Orbit Form 10-Q for the quarter ended June 30, 2013 reported that there were outstanding 4,551,598 shares of Orbit common stock as of August 12, 2013. Based on this number, the Partnership and Mr. Parsow own approximately 22.4% of the Orbit common stock.
(c) During the past 60 days, the Partnership purchased 24,852 shares of Orbit common stock, in open market transactions, at prices ranging from $3.21 to $3.41 per share.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct.
DATED: October 28, 2013
Elkhorn Partners Limited Partnership
By: Parsow Management LLC, General Partner
By: /s/ Alan S. Parsow
Alan S. Parsow
Sole Manager