Form 4 for MORN Morningstar, Inc.
Accepted 2023-05-17 00:00:00 ET · period of report 2023-05-15 · accession 0001062993-23-011473 · 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 | 2023-05-17 | 2023-05-15+ | MORN | Dunn Daniel Joseph | Chief Revenue Off | A - Grant | $0.00 | +1,958 | 14.8K | +15% | $0 |
| D | 2023-05-17 | 2023-05-17 | MORN | Dunn Daniel Joseph | Chief Revenue Off | M - OptEx | $0.00 | +1,036 | 15.3K | +7% | $0 |
| D | 2023-05-17 | 2023-05-17 | MORN | Dunn Daniel Joseph | Chief Revenue Off | F - Tax | $189.94 | -821 | 14.4K | -5% | -$155.9K |
| D | 2023-05-17 | 2023-05-17 | MORN | Dunn Daniel Joseph | Chief Revenue Off | M - OptEx | — | -1,036 | 0 | -100% | — |
| D | 2023-05-17 | 2023-05-15 | MORN | Dunn Daniel Joseph | Chief Revenue Off | A - Grant | $0.00 | +2,284 | 2,284 | New | $0 |
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 (Restricted Stock Units) | 2023-05-15 | A | A | 1,579 | $0.00 | 14,233 | 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, 2024. |
| 2 | Common | Common Stock | 2023-05-17 | M | A | 1,036 | $0.00 | 15,269 | D | — | — | (F2) Represents common stock earned from the vesting of a market stock unit grant on May 15, 2020. |
| 3 | Common | Common Stock | 2023-05-17 | F | D | 821 | $189.94 | 14,448 | D | — | — | |
| 4 | Common | Common Stock | 2023-05-17 | A | A | 379 | $0.00 | 14,827 | D | — | — | (F3) Represents additional common stock earned from achievement of cumulative total shareholder return for the three year performance period ending May 14, 2023 in excess of target under the terms of a market stock unit grant on May 15, 2020. |
| 5 | Derivative | Market Stock Units | 2023-05-17 | M | D | 1,036 | — | 0 | D | — · — to 2023-05-17 | 1,036 Common Stock | (F2) Represents common stock earned from the vesting of a market stock unit grant on May 15, 2020. |
| 6 | Derivative | Market Stock Units | 2023-05-15 | A | A | 2,284 | $0.00 | 2,284 | D | — · — to 2026-05-15 | 2,284 Common Stock | (F4) 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, 2026. |