4//SEC Filing
Bunting Eric 4
Accession 0001683168-25-001224
CIK 0001103795other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 4:54 PM ET
Size
17.3 KB
Accession
0001683168-25-001224
Insider Transaction Report
Form 4
QS Energy, Inc.QSEP
Bunting Eric
Director
Transactions
- Award
Options
2025-02-14+2,500,000→ 3,281,247 totalExercise: $0.02From: 2025-02-14Exp: 2035-02-14→ Common Stock (2,500,000 underlying) - Award
Options
2025-02-14+1,250,000→ 4,531,247 totalExercise: $0.04From: 2025-02-14Exp: 2035-02-14→ Common Stock (1,250,000 underlying) - Award
Options
2025-02-14+833,333→ 5,989,580 totalExercise: $0.06From: 2025-02-14Exp: 2035-02-14→ Common Stock (833,333 underlying) - Award
Options
2025-01-01+333,333→ 781,247 totalExercise: $0.15From: 2025-01-31Exp: 2035-01-01→ Common Stock (333,333 underlying) - Award
Options
2025-02-14+625,000→ 5,156,247 totalExercise: $0.08From: 2025-02-14Exp: 2035-02-14→ Common Stock (625,000 underlying) - Award
Warrants
2025-02-21+220,000→ 6,209,580 totalExercise: $0.07From: 2024-02-13Exp: 2027-02-13→ Common Stock (220,000 underlying)
Footnotes (3)
- [F1]These stock options for the calendar year 2025 vest at the rate of 1/12 per month, effective 1/1/2025, with full vesting on 12/31/2025. The transaction date was 02/14/2025 with an effective date of 01/01/2025.
- [F2]These stock options were granted to Reporting Person as equity compensation for his services as a Director under Issuer's Board Compensation Policy, approved by the Board on 6/19/2015, and thereafter amended. However, the Board Compensation Policy as amended was suspended effective April 15, 2021 for the calendar year 2021, and for every year thereafter through February 13, 2025 ("Suspension Period"). Effective as-of February 14, 2025 by Board resolution, the Board Compensation Policy, as amended, was reinstated and each individual serving on the Company's Board during the Suspension Period received compensation for that period pursuant to the Board Compensation Policy as amended. These stock options were issued for the Suspension Period.
- [F3]Warrants issued and expiration date extended in connection with Reporting Person's acquisition of Issuer's Convertible Promissory Note.
Documents
Issuer
QS Energy, Inc.
CIK 0001103795
Entity typeother
Related Parties
1- filerCIK 0001702927
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 4:54 PM ET
- Size
- 17.3 KB