Bevin Desmond - May 15, 2021 Form 4/A - Amendment Insider Report for Morningstar, Inc. (MORN)

Role
Head of Talent and Culture
Signature
/s/ Patrick Maloney, by power of attorney
Stock symbol
MORN
Transactions as of
May 15, 2021
Transactions value $
-$276,628
Form type
4/A - Amendment
Date filed
5/26/2021, 05:03 PM
Date Of Original Report
May 18, 2021
Next filing
May 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORN Common Stock Options Exercise $0 +901 +3.62% $0.00 25.8K May 18, 2021 Direct F1, F3
transaction MORN Common Stock Award $0 +450 +1.74% $0.00 26.3K May 18, 2021 Direct F1, F4
transaction MORN Common Stock Tax liability -$277K -1.13K -4.3% $245.02 25.1K May 15, 2021 Direct F2
holding MORN Common Stock 21.1K May 15, 2021 By spouse F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Due to adminstrative error, this Form 4 is being amended to correct the transaction date to May 18, 2021.
F2 Due to adminstrative error, this Form 4 is being amended to correct the transaction date to May 15, 2021.
F3 Represents common stock earned from the vesting of a market stock unit grant on May 15, 2018.
F4 Represents additional common stock earned from achievement of cumulative total shareholder return for the three year perfomance period ending May 14, 2021 in excess of target under the terms of a market stock unit grant on May 15, 2018.
F5 Due to adminstrative error, this Form 4 is being amended to correct the amount of shares benefically owned by the reporting persons's spouse from 21,207 to 21,107.