Ellen T. Albrecht - Jun 2, 2022 Form 4 Insider Report for FUEL TECH, INC. (FTEK)

Signature
/s/ Ellen T Albrecht
Stock symbol
FTEK
Transactions as of
Jun 2, 2022
Transactions value $
$0
Form type
4
Date filed
6/6/2022, 04:04 PM
Next filing
Mar 4, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FTEK Restricted Stock Units Award $0 +75.8K $0.00 75.8K Jun 2, 2022 Common Stock 75.8K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one stock of FTEK Common Stock.
F2 The Restricted Stock Units vest in two installments: (i) one half of the total RSUs awarded shall vest on the second anniversary after the transaction date shown above, and (ii) the final one half shall vest on the third anniversary of the transaction date shown above. Subject to the restrictions on distribution set forth in the registrant's 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.