FUEL TECH, INC. — Director's Dealing 2008

Dec 11, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FUEL TECH, INC. (FTEK)
CIK: 0000846913
Period of Report: 2008-12-10

Reporting Person: BAILEY RALPH E (Director, Exec Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-10	Common Stock	G	1000000	$0.00	Disposed	3562400	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	125980	Indirect
Common Stock	50000	Indirect

Footnotes

F1: Transfer to trust for benefit of reporting person and his family.

F2: Held 100% by a family limited liability company the interests in which Company are owned 50% by the reporting person and 50% by the spouse of the reoprting person. The reporting person holds 100% of the voting power over these Fuel Tech shares.