XCEL ENERGY INC — Director's Dealing 2023

Feb 23, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2023-02-21

Reporting Person: Frenzel Robert (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-21	Common Stock	A	37069.757	—	Acquired	136270.757	Direct
2023-02-21	Common Stock	M	7633.268	—	Acquired	143904.025	Direct
2023-02-21	Common Stock	F	21995.025	$68.01	Disposed	121909	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-21	Restricted Stock Units	$	M	7633.268	Disposed		Common Stock (7633.268)	Direct

Footnotes

F1: Represents the settlement of performance share unit awards for the 2020-2022 performance period.

F2: Restricted stock units are settled in common stock on a one-for-one basis.

F3: Represents the withholding of shares to satisfy tax obligations upon the settlement of the 2020-2022 performance share unit awards and restricted stock unit awards. Fractional share interests were settled in cash.

F4: Number of units shown reflects the reinvestment of dividend equivalents since the original grants of (a) 5,451 units granted on January 2, 2020 and (b) 1,599 units granted on March 31, 2020.

F5: Award vested on December 31, 2022 but was settled in shares of common stock on February 23, 2023.