Timothy John O'Connor - 20 Feb 2024 Form 4 Insider Report for XCEL ENERGY INC

Role
EVP, Chief Operations Officer
Signature
Kristin L. Westlund, Attorney in Fact for Timothy John O'Connor
Issuer symbol
XEL, XELLL on Nasdaq
Transactions as of
20 Feb 2024
Net transactions value
-$260,141
Form type
4
Filing time
22 Feb 2024, 16:25:19 UTC
Previous filing
04 Jan 2024
Next filing
22 May 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 +5,995 +55% $0.000000 16,906 20 Feb 2024 Direct F1
transaction XEL Common Stock Options Exercise +5,061 +30% 21,967 20 Feb 2024 Direct F2
transaction XEL Common Stock Tax liability $260,141 -4,404 -20% $59.07 17,563 20 Feb 2024 Direct F3
holding XEL Common Stock 384 20 Feb 2024 401(k) F4

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 -5,061 -100% $0.000000* 0 20 Feb 2024 Common Stock 5,061 Direct F2, F5, F6
* 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 Shares held in the Xcel Energy Stock Fund under the Xcel Energy 401(k) Savings Plan as of a plan statement dated February 16, 2024.
F5 Number of units shown reflects the reinvestment of 413.037 dividend equivalents since the original grants of 3,504 units on January 4, 2021 and 1,144 units on August 18, 2021.
F6 Award vested on December 31, 2023 but was settled in shares of common stock on February 20, 2024.