X0306 4 2014-11-15 0 0000895421 MORGAN STANLEY MS 0001283017 DAVIES HOWARD J C/O MORGAN STANLEY 1585 BROADWAY NEW YORK NY 10036 1 0 0 0 Common Stock 2014-11-15 4 F 0 421 35.7747 D 72724.523 D Shares withheld to satisfy taxes upon the conversion of stock units granted to the reporting person under the Morgan Stanley Directors' Equity Capital Accumulation Plan as part of his director compensation. /s/ Tara Giannone, Attorney-in-Fact 2014-11-18