X0306 4 2020-02-25 0 0000072903 XCEL ENERGY INC XEL 0001570155 O'Connor Timothy John 414 NICOLLET MALL MINNEAPOLIS MN 55401 0 1 0 0 SVP and CNO Phantom Stock 0 2020-02-25 4 A 0 178.675 0 A Common Stock 178.675 66004.204 D Each share of phantom stock represents the right to receive the cash value of one share of common stock. 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"). 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. Reflects the correction to phantom share holdings reported on February 20, 2020 that, due to a clerical error, inadvertently underreported the shares held by 3,000. The number of shares of phantom stock reflects 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, as Attorney-in-Fact for Timothy J. O'Connor 2020-02-27