Puissant Robert E 4
4 · FUEL TECH, INC. · Filed Dec 26, 2012
Insider Transaction Report
Form 4
FUEL TECH, INC.FTEK
Puissant Robert E
Executive Vice President
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-12-21−5,000→ 5,000 total→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2012-12-21+5,000→ 15,000 total
Footnotes (3)
- [F1]Represents the conversion upon vesting of restricted stock units ("RSUs") into Common Stock. On December 21, 2010, the reporting person was granted 10,000 RSUs, of which fifty percent (50%) of the shares subject to the RSUs vested on December 21, 2012. Such Rsus were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on December 22, 2010.
- [F2]Each restricted stock unit is the economic equivalent of one share of Fuel Tech, Inc. Common Stock.
- [F3]On December 21, 2010, the reporting person was granted 10,000 RSUs, of which fifty percent (50%) of the shares subject to the RSUs vested on December 21, 2012. The Common Stock into which such vested RSUs converted is reported in Table I of the Form 4. The remaining unvested RSUs will continue to vest as follows: 2,500 RSUs will vest on December 21, 2013, and 2,500 RSUs will vest on December 21, 2014.