QS Energy, Inc. — Director's Dealing 2017

Jul 19, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QS Energy, Inc. (QSEP)
CIK: 0001103795
Period of Report: 2017-07-19

Reporting Person: Bunting Eric (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-19	Common Stock	C	550000	$0.05	Acquired	6254426	Direct
2017-07-19	Common Stock	C	178002	$0.07	Acquired	6432428	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-07-19	Warrants	$0.05	C	550000	Disposed	2018-04-18	Common Stock (550000)	Direct
2017-07-19	Options	$0.07	C	178002	Disposed	2027-04-01	Common Stock (178002)	Direct

Footnotes

F1: Reporting Person converted Issuer's Warrants received as part of Reporting Person's purchase of Issuer's Convertible Note acquired on 4/18/2017.

F2: Reporting Person converted stock options granted upon his appointment to Issuer's Board on 4/1/2017, as equity compensation under the Issuer's Board Compensation Policy, approved by the Board on 06/19/2015. As of 07/01/2017, a total of 178,002 of those stock options so issued had vested to Reporting Person.