secwatch.observer — SEC 8-K summary
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Issuer:     FUEL TECH, INC. (FTEK)
CIK:        0000846913
Form:       8-K
Filed at:   2021-12-14T23:59:59+00:00
Accession:  0001437749-21-028535
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Compensation committee adopts 2022 commission plans for SVP Sales and National Sales Manager
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- APC and FUEL CHEM officer commission plans approved for SVP Sales William E. Cummings, Jr., effective Jan 1, 2022.
- APC Plan pays a confidential % of as-sold contract value for APC product line sales in US and Canada.
- FUEL CHEM Plan pays a confidential % of net revenue on customer units (US and Canada) based on Commercial Contracts.
- Both plans tie commissions to employee eligibility under 2022 employee commission plans; quarterly payments with 45-day lag.
- Plans run through Dec 31, 2022; can be modified or terminated at any time by Fuel Tech.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846913/000143774921028535/0001437749-21-028535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846913/000143774921028535/ftek20211214_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-028535

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