Conan Wiersema - 15 Mar 2024 Form 3 Insider Report for Morningstar, Inc. (MORN)

Role
PAO & CAO
Signature
/s/ Kathleen Peacock, by power of attorney
Issuer symbol
MORN
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
3
Filing time
18 Mar 2024, 17:20:24 UTC
Next filing
17 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MORN Conmon Stock (Restricted Units) 394 15 Mar 2024 Direct F1
holding MORN Common Stock (Restricted Units) 87 15 Mar 2024 Direct F2
holding MORN Common Stock (Restricted Units) 231 15 Mar 2024 Direct F3
holding MORN Common Stock (Restricted Units) 158 15 Mar 2024 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MORN Market Stock Units 15 Mar 2024 Common Stock 38 Direct F5
holding MORN Market Stock Units 15 Mar 2024 Common Stock 63 Direct F6
holding MORN Market Stock Units 15 Mar 2024 Common Stock 44 Direct F7
holding MORN Market Stock Units 15 Mar 2024 Common Stock 56 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 segments beginning May 15, 2023.
F2 Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in full on August 31, 2024.
F3 Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in three equal annual segments on May 15.
F4 Each restricted stock unit represents a contingent right to receive one share of Morningstar, Inc. common stock. The restricted stock units vest in three equal annual segments on November 15.
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 November 15, 2026.
F6 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 15, 2026.
F7 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 November 15, 2025.
F8 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 15, 2025.

Remarks:

Ex 24- Power of Attorney