X0306
4
2019-05-30
0
0000072903
XCEL ENERGY INC
XEL
0001384582
Eves David L
414 NICOLLET MALL
MINNEAPOLIS
MN
55401
0
1
0
0
EVP and Group President Utilit
Common Stock
2019-05-30
4
S
0
10000
57.2349
D
58680.861
D
Common Stock
8084.798
I
401 (k)
Phantom Stock
2019-05-30
4
I
0
23677.541
57.36
D
Common Stock
23677.541
17688.286
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.21 to $57.26, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
Shares held in the Xcel Energy Stock Fund under the Xcel Energy 401(k) Savings Plan as of plan statement dated May 23, 2019.
Each share of phantom stock represents the right to receive the cash value of one share of common stock.
Shares of phantom shares become payable in accordance with the reporting person's distribution elections made pursuant to the Xcel Energy Deferred Compensation Plan (the "Plan"). Subject to certain timing restrictions and other limitations based on the source of the amount deferred, the reporting person may generally transfer some or all of the balance in the Plan's Company stock account into an alternative Plan investment account.
The number of shares of phantom stock reflects both additional shares credited upon the deemed reinvestment of dividend equivalents as reported in the most recent report from the Plan administrator, as well as minor adjustments to the number of phantom shares credited to the reporting person's Company stock account due to the unitized nature of the Plan's Company stock fund.
Kristin L. Westlund, Attorney in Fact for David L. Eves
2019-06-03