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FUEL TECH, INC. — Director's Dealing 2013
Jan 25, 2013
34249_dirs_2013-01-25_4211b791-6260-47a8-86ce-da1ba9ab42e9.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: FUEL TECH, INC. (FTEK)
CIK: 0000846913
Period of Report: 2013-01-25
Reporting Person: Ringel Karen L (Vice President)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 856 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Common Stock | $10.20 | 2019-05-20 | Common Stock (5000) | Direct | |
| Restricted Stock Units | $ | Common Stock (1250) | Direct | ||
| Restricted Stock Units | $ | Common Stock (536) | Direct | ||
| Restricted Stock Units | $ | Common Stock (4039) | Direct | ||
| Restricted Stock Units | $ | Common Stock (5500) | Direct |
Footnotes
F1: On December 21, 2010, the reporting person was granted 2,500 RSUs, of which fifty percent (50%) of the shares subject to the RSUs vested on December 21, 2012. The remaining Common Stock into which such vested RSUs converted and is owned by the reporting person is reported in Table I. The remaining unvested RSUs will continue to vest as follows: 625 RSUs will vest on December 21, 2013, and 625 RSUs will vest on December 21, 2014.
F2: Each restricted stock unit is the economic equivalent of one share of Fuel Tech, Inc. Common Stock.
F3: The Restricted Stock Units vest in one installment on the second anniversary of the June 29, 2011 grant date. Generally, shares will be delivered to the reporting person in respect of vested RSUs as soon as practicable after the vesting date, unless the reporting person has elected to defer distribution until a later date.
F4: The Restricted Stock Units vest in three installments from the RSU grant date of March 16, 2012 ("Grant Date"): (i) one-third of the total RSUs awarded shall vest thirteen (13) months after the RSU Grant Date, (ii) one-third shall vest on the second anniversary of the RSU Grant Date, and (iii) the remaining one-third shall vest on the third anniversary of the RSU Grant Date. 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.