Timothy John O'Connor - 03 Jan 2022 Form 4 Insider Report for XCEL ENERGY INC

Role
EVP, Chief Operations Officer
Signature
Gioia M. Gentile, Attorney in Fact for Timothy John O'Connor
Issuer symbol
XEL, XELLL on Nasdaq
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
05 Jan 2022, 15:15:03 UTC
Previous filing
19 Aug 2021
Next filing
24 Feb 2022
SEC
View on sec.gov

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 Award $0 +4,564 $0.000000 4,564 03 Jan 2022 Common Stock 4,564 Direct F1, F2
transaction XEL Restricted Stock Units Award $0 +14,719 $0.000000 14,719 03 Jan 2022 Common Stock 14,719 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, each restricted stock unit may be settled in one share of Xcel Energy common stock or in the cash value thereof, or a combination of cash and shares, in the discretion of the Governance, Compensation and Nominating Committee.
F2 Award vests on December 31, 2024.
F3 Award vests as to (i) 60% of the restricted stock units on February 28, 2023 and (ii) 40% of the restricted stock units on August 31, 2023, if Mr. O'Connor continues to provide service to Xcel Energy as of such dates.