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

Signature
Gioia M. Gentile, Attorney in Fact for Timothy John O'Connor
Issuer symbol
XEL
Transactions as of
03 Jan 2022
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

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 +4.56K $0.00 4.56K 03 Jan 2022 Common Stock 4.56K Direct F1, F2
transaction XEL Restricted Stock Units Award $0 +14.7K $0.00 14.7K 03 Jan 2022 Common Stock 14.7K 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.