Vincent J. Arnone - Feb 29, 2024 Form 4 Insider Report for FUEL TECH, INC. (FTEK)

Signature
/s/ Vincent J. Arnone
Stock symbol
FTEK
Transactions as of
Feb 29, 2024
Transactions value $
$0
Form type
4
Date filed
3/4/2024, 04:04 PM
Previous filing
Aug 14, 2023
Next filing
Aug 12, 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 +31.1K $0.00 31.1K Feb 29, 2024 Common Stock 31.1K 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 three installments: (i) one-third of the total RSUs awarded shall vest on the one year anniversary after the transaction date shown above, (ii) one-third shall vest on the second anniversary of the transaction date shown above, and (iii) 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 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.