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Morningstar, Inc. — Director's Dealing 2012
Nov 1, 2012
30609_dirs_2012-11-01_02a4272c-5980-4145-b7c7-84f9e00cca1f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Morningstar, Inc. (MORN)
CIK: 0001289419
Period of Report: 2012-10-31
Reporting Person: Desmond Bevin (President, Int'l Division)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-10-31 | Common Stock | M | 2500 | $8.57 | Acquired | 69956 | Direct |
| 2012-10-31 | Common Stock | S | 2500 | $62.6437 | Disposed | 67456 | Direct |
| 2012-10-31 | Common Stock (Restricted Stock Units) | A | 21 | — | Acquired | 67477 | Direct |
| 2012-10-31 | Common Stock | M | 2691 | $8.57 | Acquired | 47240 | Indirect |
| 2012-10-31 | Common Stock | S | 2691 | $62.6673 | Disposed | 44549 | Indirect |
| 2012-10-31 | Common Stock (Restricted Stock Units) | A | 2 | — | Acquired | 44551 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-10-31 | Employee Stock Option (Right to Buy) | $8.57 | M | 2500 | Disposed | 2013-05-01 | Common Stock (2500) | Direct |
| 2012-10-31 | Employee Stock Option (Right to Buy) | $8.57 | M | 2691 | Disposed | 2013-05-01 | Common Stock (2691) | Indirect |
Footnotes
F1: The transaction was executed in multiple trades at prices ranging from $62.23 to $63.09. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F2: The options became exercisable in four equal installments on May 1, 2004, 2005, 2006 and 2007.
F3: The transaction was executed in multiple trades at prices ranging from $62.33 to $63.12. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Morningstar or a shareholder of Morningstar full information regarding the number of shares and prices at which the transaction was effected.
F4: Includes 21.7209 restricted stock units acquired on October 31, 2012 pursuant to a dividend reinvestment feature of the Morningstar, Inc. 2011 Stock Incentive Plan.
F5: Includes 2.0675 restricted stock units acquired on October 31, 2012 pursuant to a dividend reinvestment feature of the Morningstar, Inc. 2011 Stock Incentive Plan.
F6: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2012.