XCEL ENERGY INC — Director's Dealing 2011

Feb 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2011-02-25

Reporting Person: WESTERLUND DAVID A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-25	Common Stock	P	1190	$23.57	Acquired	6000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$0		Common Stock (0)	41027.512	Direct

Footnotes

F1: Security converts to common stock on a one-for-one basis.

F2: Shares of phantom stock are payable in shares of common stock following termination of a reporting person's service. Partial shares are payable in cash.

F3: Includes 428.829 shares of stock acquired pursuant to reinvestment of dividends.