FUEL TECH, INC. — Director's Dealing 2007

Jun 29, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FUEL TECH, INC. (FTEK)
CIK: 0000846913
Period of Report: 2007-06-27

Reporting Person: ARNONE VINCENT J (Senior Vice President &, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-27	Stock Options	A	20000	$4.46	Acquired	20000	Direct
2007-06-27	Stock Options	S	20000	$34.05	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-27	Stock Option	$3.8	D	5000	Disposed	2013-12-09	Common (10000)	Direct
2007-06-27	Stock Option	$4.68	D	15000	Disposed	2014-12-07	Common (40000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$8.46	2015-12-06	Common (45000)	45000	Direct
Stock Option	$25.49	2016-12-07	Common (40000)	40000	Direct