Robert Frenzel - 20 Feb 2024 Form 4 Insider Report for XCEL ENERGY INC

Role
Chairman, President and CEO, Director
Signature
Kristin L. Westlund, Attorney in Fact for Robert Frenzel
Issuer symbol
XEL, XELLL on Nasdaq
Transactions as of
20 Feb 2024
Net transactions value
-$1,175,130
Form type
4
Filing time
22 Feb 2024, 16:21:35 UTC
Previous filing
04 Jan 2024
Next filing
18 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XEL Common Stock Award $0 +23,657 +8.6% $0.000000 297,902 20 Feb 2024 Direct F1
transaction XEL Common Stock Options Exercise +19,965 +6.7% 317,868 20 Feb 2024 Direct F2
transaction XEL Common Stock Tax liability $1,175,130 -19,894 -6.3% $59.07 297,974 20 Feb 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XEL Restricted Stock Units Options Exercise $0 -19,965 -100% $0.000000* 0 20 Feb 2024 Common Stock 19,965 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share unit awards for the 2021-2023 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 2021-2023 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 1,536.493 dividend equivalents since the original grants of 6,778 units on January 4, 2021 and 11,651 units on August 18, 2021.
F5 Award vested on December 31, 2023 but was settled in shares of common stock on February 20, 2024.