Brian J. van Abel - 21 Feb 2023 Form 4 Insider Report for XCEL ENERGY INC

Role
EVP, Chief Financial Officer
Signature
Kristin L. Westlund, Attorney in Fact for Brian J. Van Abel
Issuer symbol
XEL, XELLL on Nasdaq
Transactions as of
21 Feb 2023
Net transactions value
-$677,770
Form type
4
Filing time
23 Feb 2023, 16:23:08 UTC
Previous filing
05 Jan 2023
Next filing
04 Jan 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 +16,792 +51% $0.000000 49,836 21 Feb 2023 Direct F1, F2
transaction XEL Common Stock Options Exercise +3,459 +6.9% 53,295 21 Feb 2023 Direct F3
transaction XEL Common Stock Tax liability $677,770 -9,966 -19% $68.01 43,329 21 Feb 2023 Direct F4
holding XEL Common Stock 15 21 Feb 2023 401(k) F5

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 -3,459 -100% $0.000000* 0 21 Feb 2023 Common Stock 3,459 Direct F3, F6, F7
* 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 2020-2022 performance period.
F2 The amount includes 933.261 shares of stock acquired pursuant to the reinvestment of dividends since the reporting person's last report.
F3 Restricted stock units are settled in common stock on a one-for-one basis.
F4 Represents the withholding of shares to satisfy tax obligations upon the settlement of the 2020-2022 performance share unit awards and restricted stock unit awards. Fractional share interests were settled in cash.
F5 Shares held in the Xcel Energy Stock Fund under the Xcel Energy 401(k) Savings Plan as of plan statement dated February 17, 2023.
F6 Number of units shown reflects the reinvestment of dividend equivalents since the original grants of (a) 1,347 units granted on March 31, 2020 and (b) 1,855 units granted on March 31, 2020.
F7 Award vested on December 31, 2022 but was settled in shares of common stock on February 21, 2023.