Morningstar, Inc. — Director's Dealing 2014

Nov 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Morningstar, Inc. (MORN)
CIK: 0001289419
Period of Report: 2014-10-31

Reporting Person: Kapoor Kunal (Head of Individual Software)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-31	Common Stock (Restricted Stock Units)	A	9	—	Acquired	24003	Direct

Footnotes

F1: Includes 9.8834 restricted stock units acquired on October 31, 2014 pursuant to a dividend investment feature of the Morningstar, Inc. 2011 Stock Incentive Plan.