FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ELKHORN PARTNERS LIMITED PARTNERSHIP
2. Issuer Name and Ticker or Trading Symbol

ORBIT INTERNATIONAL CORP [ orbt ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

ELKHORN PARTNERS LIMITED PARTNERSHIP, 2222 SKYLINE DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

10/20/2014
(Street)

ELKHORN, NE 68022
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.10 par value   10/20/2014     P    3500   A $2.45   1218700   D   (1)  
Common Stock, $.10 par value   10/21/2014     P    900   A $2.41   1219600   D   (1)  
Common Stock, $.10 par value                  45000   D   (2)  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  These securities are owned by Elkhorn Partners Limited Partnership, which is a member of a "group" with Alan S. Parsow, the sole manager of Parsow Management LLC, the general partner of Elkhorn Partners Limited Partnership. Mr. Parsow may be deemed to beneficially own, but only to the extent he has a pecuniary interest in these securities. Mr. Parsow disclaims beneficial ownership of these securities to the extent of his pecuniary interest therein.
( 2)  These securities are owned soley by Mr. Parsow in an individual retirement account.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
ELKHORN PARTNERS LIMITED PARTNERSHIP
ELKHORN PARTNERS LIMITED PARTNERSHIP
2222 SKYLINE DRIVE
ELKHORN, NE 68022

X

PARSOW ALAN S
2222 SKYLINE DRIVE
ELKHORN, NE 68022

X


Signatures
/s/ Elkhorn Partners Limited Partnership, by Parsow Management LLC, General Partner, by Alan S. Parsow, Sole Manager 10/22/2014
** Signature of Reporting Person Date

/s/ Alan S. Parsow 10/22/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. 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 is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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