Desmond Bevin 4
4 · Morningstar, Inc. · Filed May 17, 2022
Insider Transaction Report
Form 4
Desmond Bevin
President, Int'l Business
Transactions
- Exercise/Conversion
Common Stock
2022-05-17+896→ 24,517 total - Award
Common Stock
2022-05-17+583→ 25,100 total - Award
Common Stock (Restricted Stock Units)
2022-05-15+720→ 23,621 total - Tax Payment
Common Stock
2022-05-15$242.95/sh−1,004$243,922→ 24,096 total - Exercise/Conversion
Market Stock Units
2022-05-17−896→ 0 totalExp: 2022-05-17→ Common Stock (896 underlying) - Award
Market Stock Units
2022-05-15+1,177→ 1,177 totalExp: 2025-05-15→ Common Stock (1,177 underlying)
Holdings
- 21,207(indirect: By Spouse)
Common Stock
Footnotes (4)
- [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 installments beginning May 15, 2023.
- [F2]Represents common stock earned from the vesting of a market stock unit grant on May 15, 2019.
- [F3]Represents additional common stock earned from achievement of cumulative total shareholder return for the three year performance period ending May 14, 2022 in excess of target under the terms of a market stock unit grant on May 15, 2019.
- [F4]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 14, 2025.