XCEL ENERGY INC — Director's Dealing 2015

May 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2015-05-18

Reporting Person: O'Connor Timothy John (Senior VP and CNO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-18	Phantom Stock	$0	A	18.148	Acquired		Common Stock (18.148)	Direct

Footnotes

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

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