Sec Form 4 Filing - Wilson Tyler B. @ Taronis Fuels, Inc. - 2021-01-07

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 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 Wilson Tyler B. 2. Issuer Name and Ticker or Trading Symbol Taronis Fuels, Inc. [ TRNF] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) VP, GC, and Secretary (Last) (First) (Middle) 24980 N. 83RD AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 01/07/2021 (Street) PEORIA, AZ85383 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 Common stock, par value $0.000001 per share 01/07/2021 A( 1 ) 6,775 ( 1 ) A $ 3.69 72,508 ( 2 ) D

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Wilson Tyler B. 24980 N. 83RD AVENUE PEORIA, AZ85383 VP, GC, and Secretary Signatures /s/ Tyler B. Wilson 01/08/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Represents shares of common stock issued to Mr. Wilson at his election in lieu of $25,000 of base salary cash compensation due to Mr. Wilson for the fiscal year ending December 31, 2021. The shares of common stock vest in equal or approximately equal installments each week through the end of the December 31, 2021 fiscal year. The shares were issued at a per share price of $3.69, representing the Issuer's closing stock price on January 6, 2021 as reported on the OTCQB. ( 2 )Mr. Wilson's beneficial ownership is comprised of 16 stock options, 65,717 shares of restricted common stock, and 6,775 of free trading common stock subject to vesting as described in (1) above. Mr. Wilson beneficially owns 72,508 shares in total. The share amounts in this Form 4 have been adjusted to reflect the Issuer's 1-for-75 reverse stock split that became effective on December 28, 2020.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

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