Kapoor Kunal 4
4 · Morningstar, Inc. · Filed May 17, 2024
Insider Transaction Report
Form 4
Kapoor Kunal
Head of Individual Software
Transactions
- Award
Common Stock (Restricted Stock Units)
2024-05-15+4,575→ 132,943 total - Award
Common Stock
2024-05-17+404→ 132,265 total - Award
Market Stock Units
2024-05-15+6,862→ 6,862 totalExp: 2027-05-14→ Common Stock (6,862 underlying) - Exercise/Conversion
Common Stock
2024-05-17+5,580→ 138,523 total - Tax Payment
Common Stock
2024-05-17$297.26/sh−6,662$1,980,346→ 131,861 total - Exercise/Conversion
Market Stock Units
2024-05-17−5,580→ 0 totalExp: 2024-05-17→ Common Stock (5,648 underlying)
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, 2025.
- [F2]Represents common stock earned from the vesting of a market stock unit grant on May 15, 2021.
- [F3]Represents additional common stock earned from achievement of cumulative total shareholder return for the three year performance period ending May 14, 2024 in excess of target under the terms of a market stock unit grant on May 15, 2021.
- [F4]The market stock units earned will be based on the company's cumulative total shareholder return for the three year performance period ending May 14, 2027.