Morningstar, Inc. 4
4 · Morningstar, Inc. · Filed May 17, 2017
Insider Transaction Report
Form 4
Needham Daniel
Pres., Investment Management
Transactions
- Tax Payment
Common Stock
2017-05-15$75.22/sh−574$43,176→ 22,839 total - Award
Common Stock (Restricted Stock Units)
2017-05-15+2,658→ 23,413 total - Award
Market Stock Units
2017-05-15+1,384→ 1,384 totalExp: 2020-05-15→ Common Stock (1,384 underlying)
Footnotes (2)
- [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, 2018.
- [F2]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, 2020.