Kirscher Elizabeth 4
4 · Morningstar, Inc. · Filed Mar 3, 2011
Insider Transaction Report
Form 4
Kirscher Elizabeth
Pres., Data Services
Transactions
- Sale
Common Stock (Restricted Stock Units)
2011-03-03$60.12/sh−5,654$339,890→ 44,965 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2011-03-03−5,654→ 4,346 totalExercise: $10.95Exp: 2012-05-01→ Common Stock (5,654 underlying) - Exercise/Conversion
Common Stock (Restricted Stock Units)
2011-03-03$10.95/sh+5,654$61,911→ 50,619 total
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 23, 2009.
- [F2]The options became exercisable in four equal installments on May 1, 2003, 2004, 2005 and 2006.
- [F3]The transaction was executed in multiple trades at prices ranging from $60.00 to $60.30. 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.