XCEL ENERGY INC — Director's Dealing 2012

Feb 25, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2012-02-22

Reporting Person: Eves David L (President and CEO, PSCO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-22	Common Stock	A	16884.285	—	Acquired	64539.028	Direct
2012-02-22	Common Stock	F	4226.044	$26.43	Disposed	60312.984	Direct
2012-02-22	Common Stock	F	2577.241	$26.50	Disposed	57735.744	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5631.052	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$0		Common Stock (0)	321.651	Direct

Footnotes

F1: Includes 460.946 shares of stock acquired pursuant to reinvestment of dividends.

F2: A fractional share interest was sold.

F3: Shares held in the Xcel Energy Stock Fund under the Xcel Energy 401(K) Savings Plan as of the most recent plan statement (December 31, 2011).

F4: Shares of phantom stock are payable in cash following termination of reporting persons employment.

F5: Stock equivalent units held under the Xcel Energy Deferred Compensation Plan as of the most recent plan statement (December 31, 2011).