XCEL ENERGY INC | 2013 | FY | 3

The stock equivalent units granted for the years ended Dec. 31 were as follows:
(Units in Thousands)
 
2013
 
2012
 
2011
Granted units
 
69

 
65

 
60

Grant date fair value
 
$
29.52

 
$
27.41

 
$
25.12


A summary of the stock equivalent unit changes for the year ended 2013 are as follows:
(Units in Thousands)
 
Units
 
Weighted
Average
Grant Date
Fair Value
Stock equivalent units at Jan. 1, 2013
 
577

 
$
21.71

Granted
 
69

 
29.52

Units distributed
 
(32
)
 
18.23

Dividend equivalents
 
22

 
29.06

Stock equivalent units at Dec. 31, 2013
 
636

 
22.98

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