XCEL ENERGY INC — Director's Dealing 2016

Feb 24, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2016-02-22

Reporting Person: Savage Jeffrey S (SVP & Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-22	Phantom Stock	$0	A	2712.163	Acquired		Common Stock (2712.163)	Direct

Footnotes

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

F2: Shares of phantom stock become payable in accordance with the reporting person's distribution elections made pursuant to the Xcel Energy Deferred Compensation Plan (the "Plan").

F3: The number of shares of phantom stock beneficially owned following the reported transaction reflects the aggregate amount of all phantom stock beneficially owned by the reporting person. Previous reports filed by the reporting person had separated reported amounts of phantom stock into groupings based on the nature of the deferral giving rise to the phantom shares.