SEC Form 4 · accession 0001140361-17-008947
XCEL ENERGY INC · XEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kent T Larson
Officer — EVP & Group Pres, Operations
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 9:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000072903
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 21, 2017 | A | 29,126 | $0.00 | A | 96,329 | D | |
| Common StockF2 | Feb 21, 2017 | M | 7,111 | — | A | 103,440 | D | |
| Common StockF3 | Feb 21, 2017 | F | 17,833 | $42.00 | D | 85,604 | D | |
| Common StockF4 | holding | — | — | — | 3,586 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF6,F2,F5 | — | Feb 21, 2017 | A | 7,438 | A | — | — | Common Stock | 7,438 | 24,583 | D |
| Restricted Stock UnitsF7,F2,F8 | — | Feb 21, 2017 | M | 7,111 | D | — | — | Common Stock | 7,111 | 0 | D |
Explanation of responses
- F1This amount also includes 173.508 shares of stock acquired since the reporting person's last report pursuant to the reinvestment of dividends.
- F2Restricted stock units and phantom shares are settled in common stock on a one-for-one basis.
- F3A fractional share interest was settled in cash in connection with the settlement of restricted stock and performance share unit awards and the withholding of shares for taxes.
- F4Shares held in the Xcel Energy Stock Fund under the Xcel Energy 401(K) Savings Plan as of the most recent plan statement (February 21, 2017).
- F5Shares of phantom stock become payable in accordance with the reporting person's distribution election made under the Issuer's Deferred Compensation Plan (the "Plan").
- F6The number of shares of phantom stock reflects additional shares credited upon the deemed reinvestment equivalents as well as minor adjustments due to the unitized nature of the Plan's Issuer stock fund.
- F7Number of shares and units shown reflects the reinvestment of dividend equivalents since the original grant of 6,400 units.
- F8Award vested on December 31, 2016 but was settled in shares of common stock on February 21, 2017.