Puissant Robert E 4
4 · FUEL TECH, INC. · Filed Apr 12, 2013
Insider Transaction Report
Form 4
FUEL TECH, INC.FTEK
Puissant Robert E
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2013-04-10+8,000→ 8,000 total - Award
Restricted Stock Units
2013-04-10+4,000→ 4,000 total→ Common stock (4,000 underlying)
Footnotes (3)
- [F1]Represents the conversion upon vesting of restricted stock units ("RSUs") into Common Stock. On April 10, 2013, the reporting person was granted 12,000 RSUs, of which two-thirds of the shares subject to the RSUs vested immediately. The remainder of such RSUs are reported in Table II below.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one stock of FTEK Common Stock.
- [F3]The Restricted Stock Units vest on the first anniversary of the transaction date shown above. Subject to the restrictions on distribution set forth in the registrant's 2011 Executive Performance 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.