FUEL TECH, INC. — Director's Dealing 2012

Mar 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FUEL TECH, INC. (FTEK)
CIK: 0000846913
Period of Report: 2012-03-09

Reporting Person: BAILEY DOUGLAS G (Director, President, CEO & Chairman)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-09	Restricted Stock Units	$	A	16000	Acquired		Common stock (16000)	Direct

Footnotes

F1: Each Restricted Stock Unit represents a contingent right to receive one stock of FTEK Common Stock.

F2: The Restricted Stock Units vest in three installments: (i) one-third of the total RSUs awarded shall vest thirteen (13) months after the transaction date shown above, (ii) one-third shall vest on the second anniversary of the transaction date shown above, and (iii) the remaining one-third shall vest on the third anniversary of the transaction date shown above. Subject to the restrictions on distribution set forth in the registrant's 2011 Executive Performance RSU Award Agreement, generally, shares will be delivered to the reporting person in respect of vested RSUs as soon as practicable after each vesting date, unless the reporting person has elected to defer distribution until a later date