XCEL ENERGY INC — Director's Dealing 2011

Feb 26, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2011-02-23

Reporting Person: FOWKE BENJAMIN G S III (Director, President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-23	Common Stock	A	69338.811	—	Acquired	142918.466	Direct
2011-02-23	Common Stock	F	21154.811	$23.62	Disposed	121763.655	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	599.814	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$0		Common Stock (0)	5671.628	Direct

Footnotes

F1: Includes 759.915 shares of stock acquired pursuant to reinvestment of dividends.

F2: A fractional share interest was sold.

F3: Since the date of the reporting persons last ownership report, 56,846 shares of Xcel Energy common stock were transferred to his ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities so transferred.

F4: Between March 1, 2010 and February 23, 2011, approximately 5,189.262 shares of Xcel Energy common stock to his ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities so transferred. The information in this report is based on a plan statement dated February 23, 2011.

F5: Shares of phantom stock are payable in cash following termination of reporting persons employment.

F6: The reporting person acquired 241.858 shares of Xcel Energy phantom stock under the Xcel Energy Deferred Compensation Plan. The information in this report is based on a plan statement dated as of February 23, 2011.