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FUEL TECH, INC. Director's Dealing 2007

May 29, 2007

34249_dirs_2007-05-29_34eef54d-f1b4-409b-bf36-25bb16f347df.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FUEL TECH, INC. (FTEK)
CIK: 0000846913
Period of Report: 2007-05-24

Reporting Person: Morrow John D (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-05-24 Option $26.225 A 10000 Acquired 2016-06-02 Common (10000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option $4.565 2014-06-03 Common (10000) 10000 Direct
Option $5.995 2015-06-03 Common (10000) 10000 Direct
Option $15.95 2016-06-02 Common (10000) 10000 Direct