Form 4 for XEL Xcel Energy
Accepted 2023-02-23 00:00:00 ET · period of report 2023-02-21 · accession 0001567619-23-003641 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-23 | 2023-02-21 | XEL | O'Connor Timothy John | EVP, Chief Ops Off | M - OptEx | — | +3,822 | 19.2K | +25% | — |
| D | 2023-02-23 | 2023-02-21 | XEL | O'Connor Timothy John | EVP, Chief Ops Off | A - Grant | $0.00 | +246.86 | 15.4K | +2% | $0 |
| D | 2023-02-23 | 2023-02-21 | XEL | O'Connor Timothy John | EVP, Chief Ops Off | F - Tax | $68.01 | -2,069 | 17.2K | -11% | -$140.7K |
| D | 2023-02-23 | 2023-02-21 | XEL | O'Connor Timothy John | EVP, Chief Ops Off | M - OptEx | $0.00 | -3,822 | 0 | -100% | $0 |
| D | 2023-02-23 | 2023-02-21 | XEL | O'Connor Timothy John | EVP, Chief Ops Off | A - Grant | $68.01 | +10.3K | 62.9K | +19% | +$697.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-21 | M | A | 3,821.70 | — | 19,248.56 | D | — | — | (F2) Restricted stock units are settled in common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-02-21 | A | A | 246.86 | $0.00 | 15,426.86 | D | — | — | (F1) Represents the settlement of performance share unit awards for the 2020-2022 performance period. |
| 3 | Common | Common Stock | 2023-02-21 | F | D | 2,068.56 | $68.01 | 17,180 | D | — | — | (F3) 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. |
| 4 | Derivative | Restricted Stock Units | 2023-02-21 | M | D | 3,821.70 | $0.00 | 0 | D | — · — to — | 3,821.70 Common Stock | (F5) Number of units shown reflects the reinvestment of dividend equivalents since the original grants of (a) 3,143 units granted on January 2, 2020 and (b) 384 units granted on March 31, 2020. (F2) Restricted stock units are settled in common stock on a one-for-one basis. (F6) Award vested on December 31, 2022 but was settled in shares of common stock on February 21, 2023. |
| 5 | Derivative | Phantom Stock | 2023-02-21 | A | A | 10,256 | $68.01 | 62,918.88 | D | $0.00 · — to — | 10,256 Common Stock | (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. (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. |