Needham Daniel 4
4 · Morningstar, Inc. · Filed May 17, 2019
Insider Transaction Report
Form 4
Needham Daniel
Pres., Investment Management
Transactions
- Tax Payment
Common Stock
2019-05-15$133.03/sh−652$86,736→ 24,533 total - Award
Common Stock (Restricted Stock Units)
2019-05-15+1,879→ 25,185 total - Award
Market Stock Units
2019-05-15+1,120→ 5,429 totalExp: 2022-05-15→ Common Stock (1,120 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, 2020.
- [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, 2022.