secwatch.observer — SEC 8-K summary
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Issuer:     FUEL TECH, INC. (FTEK)
CIK:        0000846913
Form:       8-K
Filed at:   2022-04-11T23:59:59+00:00
Accession:  0001437749-22-008679
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fuel Tech sets 2022 bonus plans: CIP requires $250K operating income; COP cap $650K
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- 2022 CIP: bonuses require at least $250K Operating Income; if met, 25% of Operating Income funds pool up to $3M cap.
- CIP target bonus factors: CEO Vincent Arnone 50%, CFO Ellen Albrecht 30%; executives get 100% realization automatically.
- 2022 COP: $162.5K set aside per fully completed objective (4 total); maximum pool $650K; CEO excluded.
- COP objectives: Water Treatment commercialization, coal unit evaluation, HR succession plan, quality improvement program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846913/000143774922008679/0001437749-22-008679-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846913/000143774922008679/ftek20220408_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-008679

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer