XCEL ENERGY INC — Director's Dealing 2016

Mar 30, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2016-03-28

Reporting Person: MORENO ALBERT F (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-28	Stock Equivalent Units	$0	A	727.626	Acquired		Common Stock (727.626)	Direct

Footnotes

F1: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following
termination of a reporting person's service as a director; fractional units are payable at such time in cash.

F2: Of the 727.626 stock equivalent units, 606.355 were granted at a price of $41.23 per unit in connection with the reporting person's election to defer receipt of quarterly cash
director retainers, and 121.271 were granted at no cost to the reporting person as a 20% premium on the amount of such retainer.

F3: Includes 3,710.334 shares of stock equivalent units acquired pursuant to reinvestment of stock equivalent unit dividends.