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