FUEL TECH, INC. — Director's Dealing 2012

Mar 8, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: FUEL TECH, INC. (FTEK)
CIK: 0000846913
Period of Report: 2012-03-01

Reporting Person: Petrak Michael F (Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock	5000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock options	$10.20	2019-05-20	Common stock (5000)		Direct
Restricted Stock Units	$		Common stock (2500)		Direct
Restricted Stock Units	$		Common stock (4478)		Direct

Footnotes

F1: The Restricted Stock Units (RSUs) vest in three installments: 50% of the RSUs vest on the second anniversary of the transaction date shown above; 25% vest on the third anniversary of the transaction date; and 25% vest on the fourth anniversary of the transaction date. Subject to the restrictions on distribution set forth in the registrant's RSU 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.

F2: Each Restricted Stock Unit represents a contingent right to receive one stock of FTEK Common Stock.