Form 4 for MORN Morningstar, Inc.
Accepted 2022-05-17 00:00:00 ET · period of report 2022-05-15 · accession 0001062993-22-012813 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-05-17 | 2022-05-15+ | MORN | Kapoor Kunal | CEO, Dir | A - Grant | $0.00 | +10.2K | 108.4K | +10% | $0 |
| D | 2022-05-17 | 2022-05-17 | MORN | Kapoor Kunal | CEO, Dir | M - OptEx | $0.00 | +6,428 | 117.3K | +6% | $0 |
| D | 2022-05-17 | 2022-05-15 | MORN | Kapoor Kunal | CEO, Dir | F - Tax | $242.95 | -8,970 | 112.5K | -7% | -$2.18M |
| DM | 2022-05-17 | 2022-05-15 | MORN | Kapoor Kunal | CEO, Dir | A - Grant | $0.00 | +8,132 | 2,243 | New | $0 |
| D | 2022-05-17 | 2022-05-17 | MORN | Kapoor Kunal | CEO, Dir | M - OptEx | — | -6,428 | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-17 | A | A | 4,185 | $0.00 | 121,468 | D | — | — | (F4) Represents additional common stock earned from achievement of cumulative total shareholder return for the three year performance period ending May 14, 2022 in excess of target under the terms of a market stock unit grant on May 15, 2019. |
| 2 | Common | Common Stock | 2022-05-17 | M | A | 6,428 | $0.00 | 117,283 | D | — | — | (F3) Represents common stock earned from the vesting of a market stock unit grant on May 15, 2019. |
| 3 | Common | Common Stock (Restricted Stock Units) | 2022-05-15 | A | A | 2,449 | $0.00 | 110,855 | D | — | — | (F2) Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units fully vest on May 15, 2023. |
| 4 | Common | Common Stock (Restricted Stock Units) | 2022-05-15 | A | A | 3,601 | $0.00 | 108,406 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in four equal annual installments beginning May 15, 2023. |
| 5 | Common | Common Stock | 2022-05-15 | F | D | 8,970 | $242.95 | 112,498 | D | — | — | |
| 6 | Derivative | Market Stock Units | 2022-05-15 | A | A | 5,889 | $0.00 | 5,889 | D | — · — to 2025-05-15 | 5,889 Common Stock | (F5) The market stock units earned will be based in part on the company's cumulative total shareholder return for the three year performance period ending May 14, 2025. |
| 7 | Derivative | Market Stock Units | 2022-05-15 | A | A | 2,243 | $0.00 | 2,243 | D | — · — to 2025-05-15 | 2,243 Common Stock | (F5) The market stock units earned will be based in part on the company's cumulative total shareholder return for the three year performance period ending May 14, 2025. |
| 8 | Derivative | Market Stock Units | 2022-05-17 | M | D | 6,428 | — | 0 | D | — · — to 2022-05-17 | 6,428 Common Stock | (F3) Represents common stock earned from the vesting of a market stock unit grant on May 15, 2019. |