Home > Insider Trading > Filing (0001289419-10-000065)

Filing Details

Accession Number:: 0001289419-10-000065
Form Type:: 5
Zero Holdings:: No
Publication Time:: 2010-02-16 12:00:00
Reporting Period:: 2009-12-31

Filing Date:: 2010-02-16
Accepted Time:: 2010-02-16 13:08:29
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
1323954	Bevin Desmond	C/O Morningstar, Inc. 22 West Washington Street Chicago IL 60602	President, Int'l Business	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2009-03-15	44	$31.94	43,116	No	4	F	Indirect	By spouse
Common Stock	Disposition	2009-05-15	133	$38.52	42,983	No	4	F	Indirect	By spouse
Common Stock	Acquisiton	2009-06-03	1,296	$10.98	44,279	No	4	M	Indirect	By spouse
Common Stock	Disposition	2009-06-03	1,296	$41.18	42,983	No	4	S	Indirect	By spouse
Common Stock	Disposition	2009-11-15	10	$49.38	42,973	No	4	F	Indirect	By spouse
Common Stock	Disposition	2009-12-30	5,000	$48.13	37,973	No	4	S	Indirect	By spouse

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	F	Indirect	By spouse
No	4	F	Indirect	By spouse
No	4	M	Indirect	By spouse
No	4	S	Indirect	By spouse
No	4	F	Indirect	By spouse
No	4	S	Indirect	By spouse

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2009-06-03	1,296	$0.00	1,296	$10.98

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2009-06-30	No	4	M	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	37,973	Indirect	By spouse
Common Stock	35,569	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Option (Right to Buy)	$14.13	2010-05-01	13,500	13,500	Indirect
Common Stock	Employee Stock Option (Right to Buy)	$14.13	2011-05-01	4,300	4,300	Indirect
Common Stock	Employee Stock Option (Right to Buy)	$10.95	2012-05-01	5,993	5,993	Indirect
Common Stock	Employee Stock Option (Right to Buy)	$8.57	2012-05-01	5,000	5,000	Indirect
Common Stock	Employee Stock Option (Right to Buy)	$14.70	2014-12-12	10,000	10,000	Indirect
Common Stock	Employee Stock Option (Right to Buy)	$18.50	2015-05-02	7,500	7,500	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2010-05-01	13,500	13,500	Indirect
2011-05-01	4,300	4,300	Indirect
2012-05-01	5,993	5,993	Indirect
2012-05-01	5,000	5,000	Indirect
2014-12-12	10,000	10,000	Indirect
2015-05-02	7,500	7,500	Indirect

Footnotes

The options became exercisable in four equal installments on May 1, 2001, 2002, 2003, and 2004.
The options became exercisable in four equal installments on May 1, 2002, 2003, 2004, and 2005.
The options became exercisable in four equal installments on May 1, 2003, 2004, 2005, and 2006.
The options became exercisable in four equal installments on May 1, 2004, 2005, 2006, and 2007.
The exercise price is determined by the daily indexing of the fair market value of the shares on the grant date ($14.70) against the 10-Year U.S. Treasury Bond Rate on December 1, 2004, compounded annually. Therefore the exercise price is subject to change throughout the life of the option. On February 16, 2010, the exercise price was $18.2631.
The options became exercisable in four equal installments on December 1, 2005, 2006, 2007, and 2008.
The exercise price is determined by the daily indexing of the fair market value of the shares on the grant date ($18.50) against the 10-Year U.S. Treasury Bond Rate on May 2, 2005, compounded annually. Therefore the exercise price is subject to change throughout the life of the option. On February 16, 2010, the exercise price was $22.5268.
The options became exercisable in four equal installments on May 2, 2006, 2007, 2008, and 2009.
The reporting person acquired beneficial ownership of these stock options upon her marriage to the holder of the stock options on February 28, 2009.
The options became exercisable in four equal installments on June 30, 2000, 2001, 2002, and 2003.
Includes 1,887 shares of Morningstar, Inc. common stock represented by restricted stock units.
This transaction was executed in multiple trades at prices ranging from $48.0396 to $48.222. 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 reporting person acquired beneficial ownership of these shares of Morningstar, Inc. common stock upon her marriage to the owner of the shares on February 28, 2009.