X0306 4 2020-02-18 0 0000072903 XCEL ENERGY INC XEL 0001570155 O'Connor Timothy John 414 NICOLLET MALL MINNEAPOLIS MN 55401 0 1 0 0 SVP and CNO Common Stock 2020-02-18 4 A 0 14630.519 00.00 A 28107.622 D Common Stock 2020-02-18 4 M 0 4710.881 A 32818.503 D Common Stock 2020-02-18 4 F 0 9509.40 70.26 D 23309.103 D Common Stock 343.138 I 401(k) Restricted Stock Units 2020-02-18 4 M 0 4710.881 0 D Common Stock 4710.881 0 D Phantom Stock 0 2020-02-18 4 A 0 5420.00 70.26 A Common Stock 5420.00 62825.529 D The amount also includes 15.222 shares of stock acquired since the reporting person's last report pursuant to the reinvestment of dividends. Restricted stock units are settled in common stock on a one-for-one basis. Fractional share interests relating to the settlement of restricted stock and performance share unit awards and relating to share withholding for taxes were settled in cash. Shares held in the Xcel Energy Stock Fund under the Xcel Energy 401(k) Savings Plan as of plan statement dated February 14, 2020. Number of shares and units shown reflects the reinvestment of dividend equivalents since the original grant of 4,309 units. Award vested on December 31, 2019 but was settled in shares of common stock on February 18, 2020. 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. Gioia M. Gentile, Attorney in Fact for Timothy John O'Connor 2020-02-20