A four-dimensional stochastic approach to dynamics of nuclear fission induced by heavy ions was applied to calculations of the fission rate and time of highly excited compound nuclei. The research took into account not only three shape collective coordinates introduced on the basis of the {c, h, α}-parametrization but also orientation degree of freedom (K-state) -spin about the symmetry axis. Overdamped Langevin equation was used to describe the evolution of the K-state. Impact of orientation degree of freedom on the fission rate and time of the compound nuclei was studied in detail for the reactions with high-energy projectiles 14 N and 16 O on target nuclei 197 Au, 208 Pb, 232 Th and 238 U. It was revealed that inclusion of the K-state in the dynamical model produces considerable increase in the mean fission time and decrease in the stationary fission rate. The K-state impact on the fission rate and time almost fully canceled the opposite effect produced by inclusion of nuclear neck and mass-asymmetry coordinates in the 1D Langevin calculations. The difference of 5-25% between 4D and 1D calculations was found as the result of this research.