Filing Details
- Accession Number:
- 0001289419-13-000049
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-02-25 10:17:23
- Reporting Period:
- 2013-02-22
- Filing Date:
- 2013-02-25
- Accepted Time:
- 2013-02-25 10:17:23
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1289419 | Morningstar Inc. | MORN | Investment Advice (6282) | 363297908 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1406840 | Scott Richard Cooley | C/O Morningstar, Inc. 22 West Washington Street Chicago IL 60602 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-02-22 | 2,000 | $25.49 | 40,280 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-02-22 | 2,000 | $68.53 | 38,280 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2013-02-22 | 2,000 | $0.00 | 2,000 | $25.49 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,000 | 2015-05-02 | No | 4 | M | Direct |
Footnotes
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 19, 2012.
- The exercise price increases over the term of the option at a rate equal to the 10-year Treasury bond yield as of the date of grant ($18.50). On February 22, 2013, the exercise price was $25.49.
- The transaction was executed in multiple trades at prices ranging from $68.19 to $68.93. 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.
- The options become exercisable in four equal installments on May 2, 2006, 2007, 2008 and 2009.