XCEL ENERGY INC — Director's Dealing 2018

Feb 22, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2018-02-20

Reporting Person: Poferl Judy M. (SVP, Corp Secretary, Exec Svcs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-20	Common Stock	A	4197.426	—	Acquired	26132.757	Direct
2018-02-20	Common Stock	M	2141.339	—	Acquired	28274.096	Direct
2018-02-20	Common Stock	F	2813.765	$44.68	Disposed	25460.331	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-20	Phantom Stock	$	A	7579	Acquired		Common Stock (7579)	Direct
2018-02-20	Restricted Stock Units	$	M	2141.339	Disposed		Common Stock (2141.339)	Direct

Footnotes

F1: Restricted stock units and phantom shares are settled in common stock on a one-for-one basis.

F2: A fractional share interest was settled in cash in connection with the settlement of restricted stock and performance share unit awards and the withholding of shares for taxes.

F3: Shares of phantom stock become payable in accordance with the reporting person's distribution election made under the Issuer's Deferred Compensation Plan (the "Plan").

F4: The number of shares of phantom stock reflects additional shares credited upon the deemed reinvestment of dividend equivalents as well as minor adjustments due to the unitized nature of the Plan's Issuer stock fund.

F5: Number of shares and units shown reflects the reinvestment of dividend equivalents since the original grant of 1,938 units.

F6: Award vested on December 31, 2017 but was settled in shares of common stock on February 20, 2018.