X0201 4 2004-02-24 0 0000074818 ORBIT INTERNATIONAL CORP ORBT 0001005977 REISSMAN BRUCE C/O ORBIT INTERNATIONAL CORP 80 CABOT CT HAUPPAUGE NY 11788 1 1 1 0 Executive VP and COO Common Stock, $.10 par value 2004-02-24 4 A 0 10000 A 294631 D On February 24, 2004, the Issuer, to offset, in part, the significant reduction in the Reporting Person's salary commencing in the fiscal year ended December 31, 1999, issued to the Reporting Person 10,000 shares of common stock of the Issuer, valued at $8.03 per share, which shares will be held in escrow, subject to forfeiture, and shall vest over a period of three years as follows (i) 3,334 shall vest on February 24, 2005, (ii) 3,333 shall vest on February 24, 2006 and (iii) 3,333 shall vest on February 24, 2007. /s/ Bruce Reissman 2004-02-24