XCEL ENERGY INC — Director's Dealing 2015

May 21, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2015-05-21

Reporting Person: BOUDREAUX GAIL (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-21	Phantom Stock	$0	A	3899.480	Acquired		Common Stock (3899.480)	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 persons service. Partial shares are payable in cash.

F3: Includes 245.552 shares of stock equivalent units acquired pursuant to reinvestment of phantom stock dividends.