MORGAN STANLEY — Director's Dealing 2016

Nov 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MORGAN STANLEY (MS)
CIK: 0000895421
Period of Report: 2016-11-18

Reporting Person: ROSENTHAL JAMES A (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-18	Common Stock	M	121351	$30.01	Acquired	294260.654	Direct
2016-11-18	Common Stock	S	111200	$40.3366	Disposed	183060.654	Direct
2016-11-18	Common Stock	G	10151	$0.00	Disposed	172909.654	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-18	Employee Stock Option (Right to Buy)	$30.01	M	121351	Disposed	2018-01-21	Common Stock (121351)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	207431	Indirect
Common Stock	579.237	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $40.28 to $40.42, inclusive. The Reporting Person undertakes to provide to Morgan Stanley, any security holder of Morgan Stanley 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 range set forth in this footnote.

F2: The Reporting Person contributed shares to his revocable trust.

F3: Options vested and became exercisable in three equal annual installments beginning on February 2, 2012.