SEC Info - Fuel Tech, Inc. - ‘8-K’ for 12/7/23

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Fuel Tech, Inc. – ‘8-K’ for 12/7/23

On: Friday, 12/8/23, at 4:06pm ET · For: 12/7/23 · Accession #: 1437749-23-33997 · File #: 1-33059

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/08/23  Fuel Tech, Inc.                   8-K:5,9    12/07/23   13:184K                                   RDG Filings/FA

Current Report — Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     26K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML     14K 
 3: EX-99.2     Miscellaneous Exhibit                               HTML     14K 
 8: R1          Document And Entity Information                     HTML     46K 
11: XML         IDEA XML File -- Filing Summary                      XML     12K 
 9: XML         XBRL Instance -- ftek20231207_8k_htm                 XML     13K 
10: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
 5: EX-101.DEF  XBRL Definitions -- ftek-20231207_def                XML     37K 
 6: EX-101.LAB  XBRL Labels -- ftek-20231207_lab                     XML     48K 
 7: EX-101.PRE  XBRL Presentations -- ftek-20231207_pre              XML     36K 
 4: EX-101.SCH  XBRL Schema -- ftek-20231207                         XSD     14K 
12: JSON        XBRL Instance as JSON Data -- MetaLinks               12±    20K 
13: ZIP         XBRL Zipped Folder -- 0001437749-23-033997-xbrl      Zip     21K

‘8-K’ — Current Report

This is an HTML Document rendered as filed. [ Alternative Formats ]

iX: C:

i false i 0000846913 0000846913 2023-12-07 2023-12-07

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM i 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) i December 7, 2023

i FUEL TECH, INC.

(Exact name of registrant as specified in its charter)

i Delaware
(State or other jurisdiction
of incorporation)

i 001-33059
(Commission
File Number)

i 20-5657551
(IRS Employer
Identification No.)

Fuel Tech, Inc.
i 27601 Bella Vista Parkway
i Warrenville, i IL i 60555-1617
i 630- i 845-4500

(Address and telephone number of principal executive offices)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
i Common Stock	i FTEK	i NASDAQ Capital Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provision:

i ☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

i ☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

i ☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

i ☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Emerging growth company i ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 5.02

Officer Sales Commission Plans

On December 7, 2023, the Compensation Committee (the “Committee”) of the Board of Directors of Fuel Tech, Inc. (“Fuel Tech” or the “Company”) took the following actions:

The Committee adopted Fuel Tech’s 2024 APC and National Sales Manager Commission Plan (the “APC Plan”) and 2024 FUEL CHEM® Officer Sales Commission Plan (the “FUEL CHEM” Plan). Each of the APC Plan and the FUEL CHEM Plan provide for sales commission payments to be made to Fuel Tech’s Senior Vice President, Sales (William E. Cummings, Jr.).

Under the APC Plan, Fuel Tech will pay to its Senior Vice President, Sales a commission equal to a specified percentage of the as-sold contract value of all sales of products and services in Fuel Tech’s APC product line in the United States and Canada. The FUEL CHEM Plan provides for sales commission payments to be made to Fuel Tech’s Senior Vice President, Sales. Under the FUEL CHEM Plan, Fuel Tech will pay to such officer a commission equal to a specified percentage of all net revenue realized for customer units located in the United States and Canada.

Copies of the APC Plan and the FUEL CHEM Plan are attached as Exhibits 99.1 and 99.2 to this Report on Form 8-K.

ITEM 9.01

Financial Statements and Exhibits

Exhibit No.	Description

99.1	2024 APC and National Sales Manager Commission Plan
99.2	2024 FUEL CHEM® Officer Sales Commission Plan
104	Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Fuel Tech, Inc. (Registrant)

	By:	/s/ *Bradley W. Johnson*
		Bradley W. Johnson
Date: December 8, 2023		Vice President, General Counsel and Secretary

Dates Referenced Herein

This ‘8-K’ Filing	Date	Other Filings

Filed on:	12/8/23	None on these Dates
For Period end:	12/7/23
		List all Filings

1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/11/24  Fuel Tech, Inc.                   10-K       12/31/23   96:8.7M                                   RDG Filings/FA

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Filing Submission 0001437749-23-033997 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)