FUEL TECH, INC. — Director's Dealing 2005

Dec 6, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FUEL TECH N V (FTEK)
CIK: 0000846913
Period of Report: 2005-12-06

Reporting Person: GRINNELL CHARLES W (Director, Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-05	Stock Option	$8.46	A	10000	Acquired	2015-12-06	Common (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	26089	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$5.98	2012-02-28	Common (15000)	15000	Direct
Stock Option	$3.80	2013-12-09	Common (15000)	15000	Direct
Stock Option	$4.68	2014-12-07	Common (10000)	10000	Direct