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FUEL TECH, INC. Director's Dealing 2007

Mar 22, 2007

34249_dirs_2007-03-22_8da33eee-1a2d-4be9-9bc5-597210a80a2d.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: 2007-03-19

Reporting Person: BRADY STEPHEN P (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-19	Common Stock	A	6250	$3.80	Acquired	16250	Direct
2007-03-19	Common Stock	S	6250	$26.70	Disposed	10000	Direct
2007-03-19	Common Stock	A	20000	$4.68	Acquired	30000	Direct
2007-03-19	Common Stock	S	20000	$26.70	Disposed	10000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-19	Stock Option	$3.80	M	6250	Disposed	2003-12-09	Common (6250)	Direct
2007-03-19	Stock Option	$4.68	M	20000	Disposed	2014-12-07	Common (20000)	Direct

Holdings (Derivative)

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