<SEC-DOCUMENT>0001683168-20-001059.txt : 20200401
<SEC-HEADER>0001683168-20-001059.hdr.sgml : 20200401
<ACCEPTANCE-DATETIME>20200401130044
ACCESSION NUMBER:		0001683168-20-001059
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20191115
FILED AS OF DATE:		20200401
DATE AS OF CHANGE:		20200401

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Lane Jason B
		CENTRAL INDEX KEY:			0001703180

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-29185
		FILM NUMBER:		20764556

	MAIL ADDRESS:	
		STREET 1:		23902 RM 2978
		CITY:			TUMBALL
		STATE:			TX
		ZIP:			77375

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			QS Energy, Inc.
		CENTRAL INDEX KEY:			0001103795
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL & GAS FILED MACHINERY & EQUIPMENT [3533]
		IRS NUMBER:				522088326
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		23902 FM 2978
		CITY:			TOMBALL
		STATE:			TX
		ZIP:			77375
		BUSINESS PHONE:		805-845-3581

	MAIL ADDRESS:	
		STREET 1:		23902 FM 2978
		CITY:			TOMBALL
		STATE:			TX
		ZIP:			77375

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SAVE THE WORLD AIR INC
		DATE OF NAME CHANGE:	20000120
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2019-11-15</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001103795</issuerCik>
        <issuerName>QS Energy, Inc.</issuerName>
        <issuerTradingSymbol>QSEP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001703180</rptOwnerCik>
            <rptOwnerName>Lane Jason B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>23902 FM 2978</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TOMBALL</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77375</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.12</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2019-11-15</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2019-11-15</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>300000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2029-11-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>300000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5663682</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2020-03-26</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2020-02-15</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>100000</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>100000</value>
                    <footnoteId id="F2"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5813682</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The stock options reported under item 1 above were granted to Mr. Lane pursuant to the third amendment to his employment agreement as Chief Executive Officer, approved by the Board on 11/11/2019 and effective 11/15/2019. The Company agreed to issue to Mr. Lane options to purchase 300,000 shares of restricted common stock of the Company on 11/15/2019, vesting pursuant to a three (3) month vesting schedule, with 100,000 Options each vesting on each monthly anniversary date of the issuance date. All of the options were priced as of market price at the close of market on November 15, 2019.</footnote>
        <footnote id="F2">The stock options reported under item 1 above were granted to Mr. Lane pursuant to the fourth amendment to his employment agreement as Chief Executive Officer, approved by the Board on 03/26/2020 and effective 02/15/2020. The Company agreed to issue to Mr. Lane options to purchase 100,000 shares of restricted common stock of the Company at the beginning of each month of employment, vesting at the end of the month. All options are to be priced as of market price as of the issuance date. In order to align the issuance and vesting schedule with the calendar months, 50,000 options were issued to Mr. Lane on 02/15/2020, the effective date of the fourth amendment to his employment agreement, and vesting on 02/29/2020.</footnote>
        <footnote id="F3">As of March 31, 2020, 150,000 total options have been issued to Mr. Lane, pursuant to the terms above: 50,000 on 02/15/2020 and 100,000 on 03/01/2020.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Jason B. Lane</signatureName>
        <signatureDate>2020-03-31</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
