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FUEL TECH, INC. Director's Dealing 2003

Sep 19, 2003

34249_dirs_2003-09-19_d81ef871-9992-4ac4-86d9-bbf5fb8778b5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FUEL TECH N V (FTEK)
CIK: 0000846913
Period of Report: 2003-09-18

Reporting Person: SCHECTER SCOTT M (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-18	Common Stock	M	15000	$2.625	Acquired	49077	Direct
2003-09-18	Common Stock	S	15000	$6.048	Disposed	34077	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-18	Stock Option	$2.625	M	15000	Disposed	2003-09-30	Common (15000)	Direct
1998-01-14	Stock Option	$1.75	A	50000	Acquired	2008-01-14	Common (50000)	Direct
1999-02-02	Stock Option	$2.125	A	50000	Acquired	2009-02-02	Common (50000)	Direct
2000-02-08	Stock Option	$2.0625	A	50000	Acquired	2010-02-08	Common (50000)	Direct
2001-02-22	Stock Option	$1.50	A	25000	Acquired	2011-02-22	Common (25000)	Direct
2002-02-28	Stock Option	$5.98	A	25000	Acquired	2012-02-28	Common (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3000	Indirect