Timothy John O'Connor - Feb 28, 2023 Form 4 Insider Report for XCEL ENERGY INC (XEL)

Role: EVP, Chief Operations Officer
Signature: Kristin L. Westlund, Attorney in Fact for Timothy John O'Connor
Stock symbol: XEL
Transactions as of: Feb 28, 2023
Transactions value $: -$271,091
Form type: 4
Date filed: 3/2/2023, 04:38 PM
Previous filing: Feb 23, 2023
Next filing: May 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XEL	Common Stock	Options Exercise		+9.09K	+52.9%		26.3K	Feb 28, 2023	Direct	F1, F2
transaction	XEL	Common Stock	Tax liability	-$271K	-4.15K	-15.78%	$65.40	22.1K	Feb 28, 2023	Direct	F3

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	-9.09K	-60%	$0.00	6.06K	Feb 28, 2023	Common Stock	9.09K		Direct	F1, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units are settled in common stock on a one-for-one basis.
F2	The amount includes 256.716 shares of stock acquired pursuant to the reinvestment of dividends since the reporting person's last report.
F3	A fractional share interest was settled in cash in connection with the settlement of a common stock award and withholding of shares for taxes.
F4	On January 3, 2022, the reporting person was granted 14,719 restricted stock units, 60% of which vested on February 28, 2023, and the remaining 40% vests on August 31, 2023.
F5	Includes 171.144 additional restricted units acquired pursuant to reinvestment of dividend equivalents credited on outstanding restricted stock units.