FUEL TECH, INC. — Director's Dealing 2014

Dec 30, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FUEL TECH, INC. (FTEK)
CIK: 0000846913
Period of Report: 2014-12-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-29	Common Stock	P	30000	$3.6911	Acquired	1784838	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15000	Indirect
Common Stock	245000	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.67 to $3.71 inclusive.

F2: The reporting person disclaims beneficial ownership of these shares.

F3: The reporting person is a beneficiary of the trust and shares investment control over the shares in the trust. The reporting person disclaims beneficial ownership of the shares in the trust, except to the extent of his pecuniary interest. This report should not be deemed an admission that the reporting person is the beneficial owner of shares held by the trust or by the daughter for purposes of Section 16 for any other purpose.