XCEL ENERGY INC — Director's Dealing 2011

May 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2011-05-16

Reporting Person: HART CATHY J (VP & Corporate Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-16	Phantom Stock	$0	A	11.995	Acquired		Common Stock (11.995)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	60232.415	Direct

Footnotes

F1: Includes 9.855 shares of stock acquired pursuant to reinvestment of dividends.

F2: Shares of phantom stock are payable in cash following termination of reporting persons employment.