Statement of Changes in Beneficial Ownership (4)
May 20 2020 - 3:57PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
|
1. Name and Address of Reporting Person
*
Mansueto Joseph D |
2. Issuer Name and Ticker or Trading Symbol
Morningstar, Inc.
[
MORN
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Chairman |
|
(Last)
(First)
(Middle)
C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
5/18/2020 |
|
(Street)
CHICAGO, IL 60602
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
| Common Stock | 5/18/2020 | | S(1) | | 1072 | D | $144.232 (2) | 20397187 | D | |
| Common Stock | 5/18/2020 | | S(1) | | 114 | D | $145.2429 (3) | 20397073 | D | |
| Common Stock | 5/18/2020 | | S(1) | | 100 | D | $146.5 | 20396973 | D | |
| Common Stock | 5/19/2020 | | S(1) | | 5625 | D | $142.5113 (4) | 20391348 | D | |
| Common Stock | 5/19/2020 | | S(1) | | 5718 | D | $143.6786 (5) | 20385630 | D | |
| Common Stock | 5/19/2020 | | S(1) | | 1224 | D | $144.3587 (6) | 20384406 | D | |
| Common Stock | | | | | | | | 150000 | I | ByTrust (7) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Explanation of Responses: |
| (1) | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 5, 2019. |
| (2) | The transaction was executed in multiple trades at prices ranging from $144.10 to $144.6850. 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. |
| (3) | The transaction was executed in multiple trades at prices ranging from $145.22 to $145.50. 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. |
| (4) | The transaction was executed in multiple trades at prices ranging from $142.16 to $143.13. 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. |
| (5) | The transaction was executed in multiple trades at prices ranging from $143.1750 to $144.14. 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. |
| (6) | The transaction was executed in multiple trades at prices ranging from $144.19 to $144.6650. 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. |
| (7) | These shares are held in trusts for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trusts. |
Reporting Owners
|
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Mansueto Joseph D
C/O MORNINGSTAR, INC.
22 WEST WASHINGTON STREET
CHICAGO, IL 60602 | X | X | Executive Chairman |
|
Signatures
|
| /s/ Patrick Maloney, by power of attorney | | 5/20/2020 |
| **Signature of Reporting Person | Date |
Morningstar (NASDAQ:MORN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Morningstar (NASDAQ:MORN)
Historical Stock Chart
From Apr 2023 to Apr 2024
