-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OwdSAx9dwJuPDHEphShizzCPZqgYmXXXcOgRjgj7/J4VxooJPJwT9DNjslpOYY7K sAr2OCo7Yb5qge7GnFfSjA== 0001412437-08-000002.txt : 20080306 0001412437-08-000002.hdr.sgml : 20080306 20080306171436 ACCESSION NUMBER: 0001412437-08-000002 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080215 FILED AS OF DATE: 20080306 DATE AS OF CHANGE: 20080306 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CUCINELLI NICHOLAS S. CENTRAL INDEX KEY: 0001412437 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 333-127953 FILM NUMBER: 08671852 BUSINESS ADDRESS: BUSINESS PHONE: 604-659-5006 MAIL ADDRESS: STREET 1: 1628 WEST 1ST AVENUE, SUITE 216 CITY: VANCOUVER STATE: A1 ZIP: V6J1G1 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: OCTILLION CORP CENTRAL INDEX KEY: 0001071840 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 593509694 BUSINESS ADDRESS: STREET 1: 2638 LAPEER ROAD, SUITE 2 CITY: AUBURN HILLS STATE: MI ZIP: 48326 BUSINESS PHONE: 800-213-0689 MAIL ADDRESS: STREET 1: 2638 LAPEER ROAD, SUITE 2 CITY: AUBURN HILLS STATE: MI ZIP: 48326 4/A 1 primary_doc.xml PRIMARY DOCUMENT X0202 4/A 2008-02-15 2008-02-20 0 0001071840 OCTILLION CORP OCTL 0001412437 CUCINELLI NICHOLAS S. 2638 LAPEER ROAD, SUITE #2 AUBURN HILLS MI 48326 1 1 0 0 PRESIDENT/CEO STOCK OPTIONS 4.21 2008-02-15 4 D 0 1500000 4.21 D 2017-09-04 COMMON 1500000 0 D STOCK OPTIONS 1.66 2008-02-15 4 A 0 1250000 1.66 A 2018-02-15 COMMON 1250000 1250000 D The 1,500,000 stock options granted September 4, 2007 were cancelled on February 15, 2008. The options vest as follows: (a) 300,000 vest and become exercisable in annual installments of 100,000 for three years, with the first 100,000 vesting on February 8, 2009. All unexercised Options, whether vested or not, expire immediately in the event that Mr. Cucinelli is removed from his position by the Board of Directors, shareholders or voluntarily resigns from his position; (b) 500,000 vest and become exercisable in the event that the Company, or any subsidiary thereof, with the prior approval of the Board of Directors: successfully executes any partnership agreement or joint-venture agreement of any technology under current or future development; or successfully completes the sale any subsidiary; or any technology under current or future development. All unexercised Options, whether vested or not, expire immediately in the event that Mr. Cucinelli is removed from his position by the Board of Directors, shareholders or voluntarily resigns from his position, and (c) 450,000 vest and become exercisable upon: commencing commercial sales of products derived from any technology under current or future development; or successfully achieving commercial gross annual sales exceeding $10,000,000 of those products and/or services which are not derived from technologies under current or future research and development by the Company; or successfully completing the sale of Octillion to a third party, subject to shareholder and Board of Directors approval. All unexercised Options, whether vested or not, expire immediately in the event that Mr. Cucinelli is removed from his position by the Board of Directors, shareholders or voluntarily resigns from his position. NICHOLAS CUCINELLI 2008-03-06 -----END PRIVACY-ENHANCED MESSAGE-----