FUEL TECH, INC. — Director's Dealing 2005

Aug 23, 2005

SEC Form 4/A — Form 4/A

Issuer: FUEL TECH N V (FTEK)
CIK: 0000846913
Period of Report: 2005-08-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-16	Common Stock	A	10000	$2.0625	Acquired	36089	Direct
2005-08-16	Common Stock	S	10000	$6.35	Disposed	26089	Direct
2005-08-17	Common Stock	A	775	$2.0625	Acquired	26864	Direct
2005-08-17	Common Stock	S	775	$6.36	Disposed	26089	Direct
2005-08-18	Common Stock	A	3125	$2.0625	Acquired	29214	Direct
2005-08-18	Common Stock	A	575	$1.50	Acquired	29789	Direct
2005-08-18	Common Stock	S	3700	$6.35	Disposed	26089	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-08-16	Stock Option	$2.0625	M	10000	Disposed	2010-08-02	Common (10000)	Direct
2005-08-17	Stock Option	$2.0625	M	775	Disposed	2010-08-02	Common (775)	Direct
2005-08-18	Stock Option	$2.0625	M	3125	Disposed	2010-08-02	Common (3125)	Direct
2005-08-18	Stock Option	$1.50	M	575	Disposed	2011-02-22	Common (575)	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