Sturm Paul W 4
4 · Morningstar, Inc. · Filed Dec 20, 2012
Insider Transaction Report
Form 4
Sturm Paul W
Director
Transactions
- Exercise/Conversion
Common Stock
2012-12-19$25.31/sh+12,000$303,739→ 52,505 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-12-19−12,000→ 0 totalExercise: $25.31Exp: 2015-05-02→ Common Stock (12,000 underlying)
Footnotes (2)
- [F1]The options became exercisable in three equal installments on May 2, 2006, 2007, and 2008.
- [F2]The exercise price increases over the term of the option at a rate equal to the 10-year Treasury bond yield as of the date of grant ($18.50). On December 19, 2012, the exercise price was $25.3116.