0001289419-14-000052.txt : 20140402 0001289419-14-000052.hdr.sgml : 20140402 20140402133448 ACCESSION NUMBER: 0001289419-14-000052 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140401 FILED AS OF DATE: 20140402 DATE AS OF CHANGE: 20140402 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Morningstar, Inc. CENTRAL INDEX KEY: 0001289419 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 363297908 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 22 WEST WASHINGTON STREET CITY: CHICAGO STATE: IL ZIP: 60602 BUSINESS PHONE: (312) 696-6000 MAIL ADDRESS: STREET 1: 22 WEST WASHINGTON STREET CITY: CHICAGO STATE: IL ZIP: 60602 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Williams David W CENTRAL INDEX KEY: 0001323956 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51280 FILM NUMBER: 14737233 MAIL ADDRESS: STREET 1: C/O MORNINGSTAR, INC. STREET 2: 225 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2014-04-01 0001289419 Morningstar, Inc. MORN 0001323956 Williams David W C/O MORNINGSTAR, INC. 22 WEST WASHINGTON STREET CHICAGO IL 60602 0 1 0 0 Head of Design and Marketing Common Stock 2014-04-01 4 M 0 1000 26.6761 A 45363 D Common Stock 2014-04-01 4 S 0 800 78.7724 D 44563 D Common Stock 2014-04-01 4 S 0 200 79.48 D 44363 D Employee Stock Option (Right to Buy) 26.6761 2014-04-01 4 M 0 1000 0 D 2015-05-02 Common Stock 1000 500 D The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2013. 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 April 1, 2014, the exercise price was $26.6761. The transaction was executed in multiple trades at prices ranging from $78.43 to $79.38. 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. /s/ Heidi Miller, by power of attorney 2014-04-02