This is a somewhat similar question to What risk management options are available for Mars orbiters and rovers to mitigate threat of impacting with Siding Spring cometary debris?, only this time much closer both in time as well as distance, and potentially affecting safety of many more satellites and more importantly, one manned space station - the ISS with its current Expedition 39/40 crew of three.
Map of projected peak viewability for 2014 May Camelopardalids meteor shower. (Credit and source: NASA/MSFC/Danielle Moser)
As you probably know, on the night of 23rd to 24th of May 2014 (06:00 - 08:00 a.m. UTC on May 24 2014), the Earth will be in the path of the predicted cometary debris from comet 209P/LINEAR, called Camelopardalids because they'll radiate from the direction of the Camelopardalis constellation (camel + leopard = a giraffe, or at least that's what ancient Greeks used to believe). Actually, that time is it predicted peak, we don't really know what exactly to expect, how wide the debris field is, how large some of its chunks, how numerous, and some have previously speculated it might be a proper meteor storm, not shower. So potentially something fascinating to see on your northern hemisphere night skies.
The speckled area shows where on the Moon impacts from meteoroids from the new Camelopardalid meteor shower could occur.
(Source: UniverseToday.com: Potential Weekend Meteor Shower Will Pelt the Moon Too!, Credit: Bill Cooke)
But my question isn't about aesthetics, how visually pleasing it might be for us on the Earth's surface and protected by the complete thickness of its atmosphere. It is about safety of astronauts and cosmonauts aboard the International Space Station (ISS) and all the hardware in Earth's or even Moon's orbit, not being offered any protection from our atmospheric blanket.
More specifically, what procedures will be followed onboard the ISS during the meteor shower peak as their orbit puts them in the path of this debris field? How are NASA and Roscosmos (ESA and JAXA won't have any astronaut onboard ISS during that time) preparing to mitigate this threat, how significant do they assess it might be, i.e. what risk management options do they have in place? Will the ISS crew weather the storm in Soyuz spacecrafts ready to abandon the ship? Will the ISS rotate its solar panel arrays to reduce exposed surface area? Or is the threat not considered significant enough and they'll go about their business as per usual?
Additionally, which Earth orbits might be at risk the most, and have any satellite operators already announced activation of any risk management procedures, like perhaps folding or rotating their solar panels and antennae to reduce the surface area potentially exposed to increased risk of collision? The question is about this specific 2014 May Camelopardalids meteor shower event.