Jeffrey S. Savage - Aug 20, 2021 Form 4 Insider Report for XCEL ENERGY INC (XEL)

Signature
Kristin L. Westlund, Attorney in Fact for Jeffrey S. Savage
Stock symbol
XEL
Transactions as of
Aug 20, 2021
Transactions value $
-$328,029
Form type
4
Date filed
8/24/2021, 04:59 PM
Next filing
Jan 5, 2022

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 Phantom Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$328K -4.65K -22.47% $70.61 16K Aug 20, 2021 Common Stock 4.65K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock represents the right to receive the cash value of one share of Xcel Energy common stock.
F2 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 their balance in the Plan's Xcel Energy stock fund into an alternative investment fund.
F3 The number of shares of phantom stock reflects 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 Xcel Energy stock fund due to the unitized nature of the Xcel Energy stock fund.

Remarks:

Exhibit List: Exhibit 24.0 Power of Attorney