diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9946158..867efed 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,8 @@
+# 1.2.1-dev
+
+* Add `--fix-function-typedefs` to convert the old typedef syntax for function
+  types to the new preferred syntax.
+
 # 1.2.0
 
 * Add `--stdin-name` to specify name shown when reading from stdin (#739).
diff --git a/pubspec.yaml b/pubspec.yaml
index 622cf1e..3785aea 100644
--- a/pubspec.yaml
+++ b/pubspec.yaml
@@ -1,6 +1,6 @@
 name: dart_style
 # Note: See tool/grind.dart for how to bump the version.
-version: 1.2.0
+version: 1.2.1-dev
 author: Dart Team <misc@dartlang.org>
 description: Opinionated, automatic Dart source code formatter.
 homepage: https://github.com/dart-lang/dart_style