FUEL TECH, INC. — Director's Dealing 2010

Apr 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FUEL TECH, INC. (FTEK)
CIK: 0000846913
Period of Report: 2010-03-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-23	Common stock	G	502556	$0.00	Acquired	502556	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	497444	Indirect
Common Stock	3562400	Indirect
Common Stock	125980	Indirect
Common Stock	50000	Indirect

Footnotes

F1: These shares were transferred from the reporting person's grantor retained annuity trust ("2009 GRAT")to the reportig person..

F2: Held by the 2009 GRAT.

F3: 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 reporting person. The reporting person holds 100% of the voting power over these Fuel Tech shares.