Sharebased payments

3 Months Ended

Mar. 31, 2021

Sharebased payments

Note 7 - Share-based payments

Nonemployee common stock warrants -- Fully-vested upon issuance

Cool Technologies may issue fully vested common stock warrants with a maximum contractual term of 5 years to non-employees in return for services or to satisfy liabilities, such as accrued interest. The following summarizes the activity for common stock warrants that were fully vested upon issuance:

	Number of Warrants			Weighted- average Exercise Price		Weighted- average Remaining Life (Years)		Aggregate Intrinsic Value
Outstanding, December 31, 2020		11,916,503		$	0.05		1.9	$	10,500
Granted		--			--		--		--
Forfeited or expired		(1,266,503	)		0.30		--		--
Outstanding, March 31, 2021		10,650,000			0.02		2.3		472,700
Exercisable, March 31, 2021		10,650,000		$	0.02		2.3	$	472,700