Timothy John O'Connor - Feb 22, 2022 Form 4 Insider Report for XCEL ENERGY INC (XEL)

Role
EVP, Chief Operations Officer
Signature
Gioia M. Gentile, Attorney in Fact for Timothy John O'Connor
Stock symbol
XEL
Transactions as of
Feb 22, 2022
Transactions value $
$1,041,466
Form type
4
Date filed
2/24/2022, 08:01 PM
Previous filing
Jan 5, 2022
Next filing
May 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XEL Common Stock Award $0 +469 +3.26% $0.00 14.9K Feb 22, 2022 Direct F1
transaction XEL Common Stock Options Exercise +4.04K +27.19% 18.9K Feb 22, 2022 Direct F2
transaction XEL Common Stock Tax liability -$245K -3.72K -19.68% $66.00 15.2K Feb 22, 2022 Direct F3
holding XEL Common Stock 361 Feb 22, 2022 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 +4.04K $0.00* 0 Feb 22, 2022 Common Stock 4.04K Direct F2, F5, F6
transaction XEL Phantom Stock Award $1.29M +19.5K +34.89% $66.00 75.4K Feb 22, 2022 Common Stock 19.5K $0.00 Direct F7, F8, F9
* 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 2019-2021 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 performance share unit awards and restricted stock unit awards for the 2019-2021 performance period. 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 plan statement dated February 18, 2022.
F5 Number of units shown reflects the reinvestment of dividend equivalents since the original grant of 3,734 units.
F6 Award vested on December 31, 2021 but was settled in shares of common stock on February 22, 2022.
F7 Each share of phantom stock represents the right to receive the cash value of one share of common stock.
F8 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 the balance in the Plan's Company stock account into an alternative Plan investment account.
F9 The number of shares of phantom stock reflects both 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 Company stock account due to the unitized nature of the Plan's Company stock fund.