FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * KHIC LLC   2. Issuer Name and Ticker or Trading Symbol COOL TECHNOLOGIES, INC. [WARM] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 36 MANCHESTER DRIVE 3. Date of Earliest Transaction (Month/Day/Year) 12/23/2016 (Street) WESTFIELD, NJ 07090 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Series A Preferred Stock (1) 03/09/2016   J   3 A $ 0 3 D   Common Stock, $0.001 par value 12/23/2016   P   650,000 A $ 0.1 650,000 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Call Right to Purchase Common Stock

$ 0.05

12/08/2016

P

4,000,000

12/08/2016

05/31/2017

Common Stock, $0.001

4,000,000

$ 0.05

18,994,914

D

Warrant to Purchase Common Stock (2)

$ 0.06

12/08/2016

P

4,000,000

12/08/2016

05/31/2022

Common Stock, $0.001

4,000,000

$ 0.06

22,994,914

D

Warrant to Purchase Common Stock

$ 0.12

12/23/2016

P

650,000

12/23/2016

12/23/2021

Common Stock, $0.001

650,000

$ 0.12

23,644,914

D

Warrant to Purchase Common Stock

$ 0.15

12/23/2016

P

650,000

12/23/2016

12/23/2021

Common Stock, $0.001

650,000

$ 0.15

24,294,914

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
KHIC LLC 36 MANCHESTER DRIVE WESTFIELD, NJ 07090		X

Signatures

/s/ Eric Hess, Secretary		04/13/2017
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares were assigned to Reporting Person. Each share of Series A Preferred represents 50,000 shares of Common Stock (and has voting rights to 50,000 shares of Common Stock).
(2)	Issuable only upon exercise by the Reporting Person of the Call Right to Purchase Common Stock. If such Call Right is exercised, the warrant expiration date will be five (5) years from the date of exercise of the Call Right.

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