XCEL ENERGY INC — Director's Dealing 2009

Dec 4, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2009-12-02

Reporting Person: Swenson Michael L (President and CEO, NSP WI)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-02	Common Stock	M	3515	$19.3125	Acquired	42748.14	Direct
2009-12-04	Common Stock	S	3515	$20.4238	Disposed	39233.14	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-02	Employee Stock Option (right to buy)	$19.3125	M	3515	Disposed	2009-12-12	Common Stock (3515)	Direct

Footnotes

F1: Price is the volume weighted average selling price of all purchases by the reporting person on the transaction date. Actual prices ranged from $20.40 to $20.47. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Includes 1,467.05 shares of stock acquired pursuant to reinvestment of dividends.

F3: The option vested in one installment on January 26, 2001.