Morningstar, Inc. — Director's Dealing 2016

Feb 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Morningstar, Inc. (MORN)
CIK: 0001289419
Period of Report: 2016-01-29

Reporting Person: Odelbo Catherine Gillis (Head of Corporate Strategy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-29	Common Stock (Restricted Stock Units)	A	41	—	Acquired	227018	Direct

Footnotes

F1: Includes 41.7777 restricted stock units acquired on January 29, 2016 pursuant to a dividend investment feature of the Morningstar, Inc. 2011 Stock Incentive Plan.