XEL

SEC source: 0001567619-19-014163 · doc1.xml · nonDerivative · entry 1

OBRIEN RICHARD T · CIK 0001179997 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,512.171

F1 · shares: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 657.895 stock equivalent units, 548.246 were granted at a price of $59.28 per unit in connection with the reporting person's election to defer receipt of quarterly cash director retainers, and 109.649 were granted at no cost to the reporting persons as a 20% premium on the amount of such retainer.

F3 · balance_after: The amount reported includes a balance increase of 53,233.276, which reflects stock equivalent units previously reported on Table II. Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following the termination of a reporting person's service as director and fractional units are payable at such time in cash. The reporting person's balance of stock equivalent units was previously reported on Table II and is now being reported on Table I voluntarily pursuant to SEC guidance.

SEC source: 0001567619-19-013443 · doc1.xml · derivative · entry 1

Hudson David T · CIK 0001595056 · President, SPS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,367.269

Underlying: Common Stock · 10,508.816 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive the cash value of one share of common stock.

F2 · derivative.exercise_date: Shares of phantom shares 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.

F2 · derivative.expiration_date: Shares of phantom shares 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.

F3 · balance_after: 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.

SEC source: 0001567619-19-013376 · doc1.xml · derivative · entry 1

Poferl Judy M. · CIK 0001471190 · SVP, Corp Secretary, Exec Svcs

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,520.345

Underlying: Common Stock · 2,268.145 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive the cash value of one share of common stock.

F2 · derivative.exercise_date: Shares of phantom shares 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.

F2 · derivative.expiration_date: Shares of phantom shares 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.

F3 · balance_after: 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.

SEC source: 0001567619-19-013314 · doc1.xml · nonDerivative · entry 1

Frenzel Robert · CIK 0001672519 · EVP, CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,470.984

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.54 to $58.67, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

F2 · balance_after: This amount also includes 139.189 shares of stock acquired since the reporting person's last report pursuant to the reinvestment of dividends.

SEC source: 0001567619-19-013200 · doc1.xml · nonDerivative · entry 1

FOWKE BENJAMIN G S III · CIK 0001206908 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 608,862

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.42 to $60.32 inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

SEC source: 0001567619-19-012578 · doc1.xml · derivative · entry 3

Eves David L · CIK 0001384582 · EVP and Group President Utilit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,688.286

Underlying: Common Stock · 23,677.541 shares

Expires not disclosed

F3 · derivative.exercise_price: Each share of phantom stock represents the right to receive the cash value of one share of common stock.

F4 · derivative.exercise_date: Shares of phantom shares 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.

F4 · derivative.expiration_date: Shares of phantom shares 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.

F5 · balance_after: 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.

SEC source: 0001567619-19-012578 · doc1.xml · nonDerivative · entry 1

Eves David L · CIK 0001384582 · EVP and Group President Utilit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,680.861

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.21 to $57.26, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

SEC source: 0001567619-19-012298 · doc1.xml · nonDerivative · entry 1

Poferl Judy M. · CIK 0001471190 · SVP, Corp Secretary, Exec Svcs

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,241

SEC source: 0001567619-19-012046 · doc1.xml · nonDerivative · entry 1

Wilensky Scott M · CIK 0001530606 · EVP and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,237.873

F1 · balance_after: This amount also includes 830.322 shares of stock acquired since the reporting person's last report pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011846 · doc1.xml · nonDerivative · entry 1

Larson Kent T · CIK 0001530618 · EVP, Group Pres, Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,354

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.40 to $58.46, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

SEC source: 0001567619-19-011467 · doc1.xml · derivative · entry 1

Owens David K · CIK 0001713778 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,089.741

Underlying: Common Stock · 2,621.461 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · balance_after: Includes 165.826 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011519 · doc1.xml · nonDerivative · entry 1

Casey Lynn · CIK 0001750741 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,190.46

F1 · security: Equity award granted in the form of shares of common stock or stock equivalent units payable in shares of common stock following termination of the reporting person's service as a director in accordance with the director's election.

F2 · balance_after: Includes 21.296 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011517 · doc1.xml · derivative · entry 3

Carter Brett C · CIK 0001739288 · EVP, Chief Customer and Innova

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 11,116.129 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units are settled in common stock on a one-for-one basis.

F4 · shares: Number of shares and units shown reflects the reinvestment of dividend equivalents since the original grant of 10,779 units.

F5 · derivative.exercise_date: Award vested on May 7, 2019 but was settled in shares of common stock on May 15, 2019.

F5 · derivative.expiration_date: Award vested on May 7, 2019 but was settled in shares of common stock on May 15, 2019.

SEC source: 0001567619-19-011517 · doc1.xml · nonDerivative · entry 2

Carter Brett C · CIK 0001739288 · EVP, Chief Customer and Innova

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,125.088

F3 · balance_after: Fractional share interests relating to the settlement of restricted stock award and relating to share withholding for taxes were settled in cash.

SEC source: 0001567619-19-011517 · doc1.xml · nonDerivative · entry 1

Carter Brett C · CIK 0001739288 · EVP, Chief Customer and Innova

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,595.217

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units are settled in common stock on a one-for-one basis.

F2 · balance_after: This amount also includes 40.084 shares of stock acquired since the reporting person's last report pursuant to the reinvestment of dividends.

SEC source: 0001567619-19-011483 · doc1.xml · derivative · entry 2

Yohannes Daniel · CIK 0001699621 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,387.126

Underlying: Common Stock · 1,311.462 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · balance_after: Includes 153.921 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011483 · doc1.xml · nonDerivative · entry 1

Yohannes Daniel · CIK 0001699621 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,891

SEC source: 0001567619-19-011481 · doc1.xml · derivative · entry 1

WOLF TIMOTHY V · CIK 0001189245 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 63,797.622

Underlying: Common Stock · 2,621.461 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · balance_after: Includes 1,855.17 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011479 · doc1.xml · derivative · entry 2

Williams Kim · CIK 0001375725 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 85,512.344

Underlying: Common Stock · 0.461 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · balance_after: Includes 1,260.18 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011479 · doc1.xml · nonDerivative · entry 1

Williams Kim · CIK 0001375725 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,972

SEC source: 0001567619-19-011477 · doc1.xml · derivative · entry 1

WESTERLUND DAVID A · CIK 0001205948 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 124,998.339

Underlying: Common Stock · 2,621.461 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · balance_after: Includes 895.292 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011475 · doc1.xml · derivative · entry 1

Sheppard James J. · CIK 0001500804 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,647.409

Underlying: Common Stock · 2,621.461 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · balance_after: Includes 1,304.765 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011473 · doc1.xml · derivative · entry 2

SAMPSON A PATRICIA · CIK 0001159194 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 141,568.615

Underlying: Common Stock · 0.461 shares

Expires not disclosed

F2 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F3 · balance_after: Includes 4,293.062 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011473 · doc1.xml · nonDerivative · entry 1

SAMPSON A PATRICIA · CIK 0001159194 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,444.253

F1 · balance_after: Includes 172.057 shares of stock acquired pursuant to reinvestment of dividends.

SEC source: 0001567619-19-011471 · doc1.xml · derivative · entry 1

PROKOPANKO JAMES T · CIK 0001301456 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,425.135

Underlying: Common Stock · 2,621.461 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · balance_after: Includes 448.922 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011469 · doc1.xml · derivative · entry 1

Policinski Christopher J. · CIK 0001476403 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,332.542

Underlying: Common Stock · 2,621.461 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · balance_after: Includes 639.644 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011465 · doc1.xml · derivative · entry 2

OBRIEN RICHARD T · CIK 0001179997 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,233.276

Underlying: Common Stock · 0.461 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · balance_after: Includes 386.344 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011465 · doc1.xml · nonDerivative · entry 1

OBRIEN RICHARD T · CIK 0001179997 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,621

SEC source: 0001567619-19-011463 · doc1.xml · derivative · entry 2

DAVIS RICHARD K · CIK 0001185480 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 65,712.763

Underlying: Common Stock · 0.461 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · balance_after: Includes 1,992.729 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents.

SEC source: 0001567619-19-011463 · doc1.xml · nonDerivative · entry 1

DAVIS RICHARD K · CIK 0001185480 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,481

SEC source: 0001567619-19-007830 · doc1.xml · derivative · entry 1

Policinski Christopher J. · CIK 0001476403 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 87,071.437

Underlying: Common Stock · 711.65 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 711.650 stock equivalent units, 593.042 were granted at a price of $56.91 per unit in connection with the reporting person's election to defer receipt of quarterly cash director retainers, and 118.608 were granted at no cost to the reporting persons as a 20% premium on the amount of such retainer.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F3 · balance_after: Includes 642.457 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents during the current quarter.

SEC source: 0001567619-19-007832 · doc1.xml · derivative · entry 1

WESTERLUND DAVID A · CIK 0001205948 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 121,481.586

Underlying: Common Stock · 606.22 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 606.220 stock equivalent units, 505.184 were granted at a price of $56.91 per unit in connection with the reporting person's election to defer receipt of quarterly cash director retainers, and 101.037 were granted at no cost to the reporting persons as a 20% premium on the amount of such retainer.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F3 · balance_after: Includes 899.230 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents during the current quarter.

SEC source: 0001567619-19-007828 · doc1.xml · derivative · entry 1

OBRIEN RICHARD T · CIK 0001179997 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,846.471

Underlying: Common Stock · 685.293 shares

Expires not disclosed

F1 · derivative.exercise_price: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 685.293 stock equivalent units, 571.077 were granted at a price of $56.91 per unit in connection with the reporting person's election to defer receipt of quarterly cash director retainers, and 114.215 were granted at no cost to the reporting persons as a 20% premium on the amount of such retainer.

F1 · derivative.exercise_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F1 · derivative.expiration_date: Each stock equivalent unit is the economic equivalent of one share of common stock. Whole stock equivalent units are payable in shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F3 · balance_after: Includes 388.044 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents during the current quarter.

SEC source: 0001567619-19-007826 · doc1.xml · nonDerivative · entry 1

Casey Lynn · CIK 0001750741 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,547.703

F1 · security: Retainer granted in the form of stock equivalent units payable in whole shares of common stock following termination of a reporting person's service as director and fractional units are payable at such time in cash.

F2 · price: Of the 553.506 stock equivalent units, 461.255 were granted at a price of $56.91 per unit in connection with the reporting person's election to defer receipt of quarterly cash director retainers, and 92.251 were granted at no cost to the reporting persons as a 20% premium on the amount of such retainer.

F3 · balance_after: Includes 21.389 stock equivalent units acquired pursuant to the reinvestment of dividend equivalents during the current quarter.

SEC source: 0001567619-19-006737 · doc1.xml · nonDerivative · entry 2

Poferl Judy M. · CIK 0001471190 · SVP, Corp Secretary, Exec Svcs

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,950

SEC source: 0001567619-19-006796 · doc1.xml · nonDerivative · entry 1

Figoli Darla · CIK 0001739291 · SVP, Chief Human Resources Off

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,405.86

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.38 to $56.43, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

SEC source: 0001567619-19-006737 · doc1.xml · nonDerivative · entry 1

Poferl Judy M. · CIK 0001471190 · SVP, Corp Secretary, Exec Svcs

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,855

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.83 to $55.91, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

SEC source: 0001567619-19-006796 · doc1.xml · nonDerivative · entry 2

Figoli Darla · CIK 0001739291 · SVP, Chief Human Resources Off

10b5-1 filing: Not disclosed

Ownership: Indirect · 401k

Disclosed balance after: 0

F2 · balance_after: Shares held in the Xcel Energy Stock Fund under the Xcel Energy 401(k) Savings Plan as of plan statement dated March 13, 2019.

SEC source: 0001567619-19-006737 · doc1.xml · derivative · entry 3

Poferl Judy M. · CIK 0001471190 · SVP, Corp Secretary, Exec Svcs

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,467.175

Underlying: Common Stock · 898.15 shares

Expires not disclosed

F2 · derivative.exercise_price: Each share of phantom stock represents the right to receive the cash value of one share of common stock.

F3 · derivative.exercise_date: 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.

F3 · derivative.expiration_date: 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.

F4 · balance_after: The number of shares of phantom stock reflects 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.

SEC source: 0001567619-19-006480 · doc1.xml · nonDerivative · entry 1

FOWKE BENJAMIN G S III · CIK 0001206908 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 658,862

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.04 to $55.22, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

SEC source: 0001567619-19-006199 · doc1.xml · derivative · entry 3

O'Connor Timothy John · CIK 0001570155 · SVP and CNO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,847.661

Underlying: Common Stock · 24,298.892 shares

Expires not disclosed

F3 · derivative.exercise_price: Each share of phantom stock represents the right to receive the cash value of one share of common stock.

F4 · derivative.exercise_date: 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.

F4 · derivative.expiration_date: 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.

F5 · balance_after: The number of shares of phantom stock reflects 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.

SEC source: 0001567619-19-006199 · doc1.xml · nonDerivative · entry 1

O'Connor Timothy John · CIK 0001570155 · SVP and CNO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,461.881

F1 · balance_after: Withholding of stock to satisfy tax withholding obligation on vesting of a previously reported award of restricted stock under the Xcel Energy Executive Annual Incentive Award Program. A fractional share interest was settled in cash in connection with the vesting of the restricted stock award and the withholding of shares for taxes.

SEC source: 0001567619-19-006197 · doc1.xml · nonDerivative · entry 1

Hudson David T · CIK 0001595056 · President, SPS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,531.413

F1 · balance_after: Withholding of stock to satisfy tax withholding obligation on vesting of a previously reported award of restricted stock under the Xcel Energy Executive Annual Incentive Award Program. A fractional share interest was settled in cash in connection with the vesting of the restricted stock award and the withholding of shares for taxes.

SEC source: 0001567619-19-006194 · doc1.xml · nonDerivative · entry 1

Clark Christopher B · CIK 0001629899 · President, NSPM

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,001.846

F1 · balance_after: Withholding of stock to satisfy tax withholding obligation on vesting of a previously reported award of restricted stock under the Xcel Energy Executive Annual Incentive Award Program. A fractional share interest was settled in cash in connection with the vesting of the restricted stock award and the withholding of shares for taxes.

SEC source: 0001567619-19-006191 · doc1.xml · nonDerivative · entry 1

Figoli Darla · CIK 0001739291 · SVP, Chief Human Resources Off

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,405.86

F1 · balance_after: Withholding of stock to satisfy tax withholding obligation on vesting of a previously reported award of restricted stock under the Xcel Energy Executive Annual Incentive Award Program. A fractional share interest was settled in cash in connection with the vesting of the restricted stock award and the withholding of shares for taxes.

SEC source: 0001567619-19-006186 · doc1.xml · nonDerivative · entry 1

FOWKE BENJAMIN G S III · CIK 0001206908 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 733,862

F1 · balance_after: Withholding of stock to satisfy tax withholding obligation on vesting of a previously reported award of restricted stock under the Xcel Energy Executive Annual Incentive Award Program. A fractional share interest was settled in cash in connection with the vesting of the restricted stock award and the withholding of shares for taxes.

SEC source: 0001567619-19-006178 · doc1.xml · nonDerivative · entry 1

Frenzel Robert · CIK 0001672519 · EVP, CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,731.795

F1 · balance_after: Withholding of stock to satisfy tax withholding obligation on vesting of a previously reported award of restricted stock under the Xcel Energy Executive Annual Incentive Award Program. A fractional share interest was settled in cash in connection with the vesting of the restricted stock award and the withholding of shares for taxes.

SEC source: 0001567619-19-005651 · doc1.xml · derivative · entry 1

Stoering Mark E · CIK 0001538687 · President, NSPW

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 932.719

Underlying: Common Stock · 43.143 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive the cash value of one share of common stock.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

F3 · balance_after: 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.

SEC source: 0001567619-19-005641 · doc1.xml · derivative · entry 1

Clark Christopher B · CIK 0001629899 · President, NSPM

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,176.519

Underlying: Common Stock · 22.719 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive the cash value of one share of common stock.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

F3 · balance_after: 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.

SEC source: 0001567619-19-005446 · doc1.xml · derivative · entry 1

Poferl Judy M. · CIK 0001471190 · SVP, Corp Secretary, Exec Svcs

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,365.374

Underlying: Common Stock · 5,434.163 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of phantom stock represents the right to receive the cash value of one share of common stock.

F2 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

F3 · balance_after: The number of shares of phantom stock reflects 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.