Insider Trading activities of Morningstar, Inc. insiders. , Part 14

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Morningstar, Inc. since 2005 are illustrated in Table 1 and Table 2. Table 1 shows the monthly insider trading data of Morningstar, Inc. since year 2005. (See page 1 of this report.) Table 2 shows the detailed insider transactions of Morningstar, Inc. since 2005. The reporting company's ticker symbol is MORN. The reporting company's CIK number is 1289419.
The total value of stock buying since 2005 is $116,664.
The total value of stock sales since 2005 is $813,469,676.
The total value of stock option exercises since 2005 is $65,613,286.



Table 2. Detailed insider stock purchases, sales, and option exercises of Morningstar, Inc. insiders (MORN) , Part 14
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2007-11-01 Phillips Donald James Ii (Managing Director) Option Ex 17,500 2.77 48,475
2007-10-31 Mansueto Joseph D (Chairman & CEO) Sale 10,755 73.54 792,305
2007-10-31 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 2,000 72.00 144,006
2007-10-31 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 2,000 14.13 28,260
2007-10-30 Mansueto Joseph D (Chairman & CEO) Sale 3,462 73.94 255,987
2007-10-29 Mansueto Joseph D (Chairman & CEO) Sale 6,001 74.19 445,232
2007-10-29 Reinkemeyer Patrick J (President, Morningstar Assocs.) Option Ex 14,000 2.00 28,000
2007-10-26 Odelbo Catherine Gillis (President, Individual Business) Option Ex 90,000 2.77 249,300
2007-10-26 Phillips Donald James Ii (Managing Director) Sale 2,500 72.32 180,795
2007-10-26 Phillips Donald James Ii (Managing Director) Option Ex 2,500 2.77 6,925
2007-10-25 Odelbo Catherine Gillis (President, Individual Business) Sale 9,415 71.29 669,715
2007-10-25 Phillips Donald James Ii (Managing Director) Sale 15,000 71.18 1,065,195
2007-10-25 Phillips Donald James Ii (Managing Director) Option Ex 15,000 2.77 41,550
2007-10-24 Odelbo Catherine Gillis (President, Individual Business) Sale 18,585 70.64 1,307,363
2007-10-24 Sturm Paul W (Director) Sale 5,000 70.09 350,439
2007-10-23 Mansueto Joseph D (Chairman & CEO) Sale 15,000 70.93 1,063,408
2007-10-22 Mansueto Joseph D (Chairman & CEO) Sale 29,761 70.07 2,080,307
2007-10-18 Phillips Donald James Ii (Managing Director) Sale 17,500 70.66 1,235,241
2007-10-18 Phillips Donald James Ii (Managing Director) Option Ex 17,500 2.77 48,475
2007-10-17 Mansueto Joseph D (Chairman & CEO) Sale 30,000 71.55 2,146,136
2007-10-15 Mansueto Joseph D (Chairman & CEO) Sale 7,422 73.70 547,001
2007-10-15 Kaplan Steven N (Director) Sale 8,000 73.11 582,926
2007-10-15 Kaplan Steven N (Director) Option Ex 14,000 12.57 175,952
2007-10-12 Huang Tao (Chief Operating Officer) Sale 12,187 72.79 883,734
2007-10-12 Huang Tao (Chief Operating Officer) Option Ex 12,187 16.56 201,841
2007-10-11 Phillips Donald James Ii (Managing Director) Sale 17,500 73.18 1,280,861
2007-10-11 Phillips Donald James Ii (Managing Director) Option Ex 17,500 2.77 48,475
2007-10-10 Mansueto Joseph D (Chairman & CEO) Sale 30,000 72.09 2,163,439
2007-10-10 Sturm Paul W (Director) Sale 5,000 72.33 360,323
2007-10-10 Phillips Donald James Ii (Managing Director) Sale 2,500 72.04 180,105
2007-10-10 Phillips Donald James Ii (Managing Director) Option Ex 2,500 2.77 6,925
2007-10-10 Noonan Jack (Director) Sale 4,000 72.30 288,251
2007-10-10 Noonan Jack (Director) Option Ex 4,000 2.00 8,000
2007-10-09 Mansueto Joseph D (Chairman & CEO) Sale 15,000 71.32 1,069,755
2007-10-08 Mansueto Joseph D (Chairman & CEO) Sale 19,300 70.82 1,366,069
2007-10-05 Kirscher Elizabeth (Pres., Data Services Business) Sale 10,000 71.10 708,321
2007-10-05 Kirscher Elizabeth (Pres., Data Services Business) Option Ex 10,000 14.13 141,300
2007-10-04 Phillips Donald James Ii (Managing Director) Sale 15,000 68.63 1,009,714
2007-10-04 Phillips Donald James Ii (Managing Director) Option Ex 15,000 2.77 41,550
2007-10-03 Mansueto Joseph D (Chairman & CEO) Sale 600 64.75 38,850
2007-10-02 Mansueto Joseph D (Chairman & CEO) Sale 30,000 64.42 1,932,700
2007-10-01 Mansueto Joseph D (Chairman & CEO) Sale 38,070 62.43 2,376,892
2007-09-27 Phillips Donald James Ii (Managing Director) Sale 15,000 63.47 952,798
2007-09-27 Phillips Donald James Ii (Managing Director) Option Ex 15,000 2.77 41,550
2007-09-26 Mansueto Joseph D (Chairman & CEO) Sale 27,321 62.06 1,696,863
2007-09-26 Sturm Paul W (Director) Sale 5,000 62.77 313,845
2007-09-25 Mansueto Joseph D (Chairman & CEO) Sale 15,000 60.74 911,476
2007-09-24 Mansueto Joseph D (Chairman & CEO) Sale 14,018 60.78 851,359
2007-09-20 Mansueto Joseph D (Chairman & CEO) Sale 130 63.32 8,231
2007-09-20 Phillips Donald James Ii (Managing Director) Sale 12,500 62.42 778,267
2007-09-20 Phillips Donald James Ii (Managing Director) Option Ex 12,500 2.77 34,625
2007-09-19 Mansueto Joseph D (Chairman & CEO) Sale 15,000 63.50 951,434
2007-09-18 Mansueto Joseph D (Chairman & CEO) Sale 15,000 61.60 926,259
2007-09-17 Kaplan Steven N (Director) Sale 8,000 61.54 490,793
2007-09-17 Kaplan Steven N (Director) Option Ex 14,000 9.76 136,640
2007-09-13 Phillips Donald James Ii (Managing Director) Sale 14,600 62.98 917,588
2007-09-13 Phillips Donald James Ii (Managing Director) Option Ex 14,600 2.77 40,442
2007-09-12 Mansueto Joseph D (Chairman & CEO) Sale 30,000 61.54 1,841,875
2007-09-12 Sturm Paul W (Director) Sale 5,000 61.04 305,200
2007-09-11 Mansueto Joseph D (Chairman & CEO) Sale 19,268 60.76 1,171,914
2007-09-10 Mansueto Joseph D (Chairman & CEO) Sale 11,728 60.85 713,683
2007-09-10 Noonan Jack (Director) Sale 4,000 60.41 241,648
2007-09-10 Noonan Jack (Director) Option Ex 4,000 2.00 8,000
2007-09-06 Mansueto Joseph D (Chairman & CEO) Sale 8,986 63.10 566,936
2007-09-06 Phillips Donald James Ii (Managing Director) Sale 12,500 62.95 784,896
2007-09-06 Phillips Donald James Ii (Managing Director) Option Ex 12,500 2.77 34,625
2007-09-05 Mansueto Joseph D (Chairman & CEO) Sale 17,065 62.95 1,074,173
2007-09-04 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 2,000 63.33 126,652
2007-09-04 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 2,000 14.13 28,260
2007-09-04 Kirscher Elizabeth (Pres., Data Services Business) Sale 10,000 63.32 631,579
2007-09-04 Kirscher Elizabeth (Pres., Data Services Business) Option Ex 10,000 14.13 141,300
2007-08-29 Mansueto Joseph D (Chairman & CEO) Sale 28,607 62.14 1,775,856
2007-08-29 Sturm Paul W (Director) Sale 5,000 61.99 309,975
2007-08-28 Mansueto Joseph D (Chairman & CEO) Sale 11,694 62.90 735,245
2007-08-27 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 2,000 62.62 125,240
2007-08-27 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 2,000 14.13 28,260
2007-08-27 Phillips Donald James Ii (Managing Director) Sale 15,000 62.95 943,959
2007-08-27 Phillips Donald James Ii (Managing Director) Option Ex 15,000 2.77 41,550
2007-08-22 Mansueto Joseph D (Chairman & CEO) Sale 10,031 63.39 636,347
2007-08-21 Mansueto Joseph D (Chairman & CEO) Sale 18,823 63.48 1,194,789
2007-08-20 Mansueto Joseph D (Chairman & CEO) Sale 30,000 62.24 1,866,881
2007-08-20 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 2,000 61.96 123,924
2007-08-20 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 2,000 14.13 28,260
2007-08-16 Boruff Christopher P (President, Advisor Business) Sale 3,333 57.45 191,490
2007-08-13 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 2,000 61.00 122,000
2007-08-13 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 2,000 14.13 28,260
2007-08-10 Phillips Donald James Ii (Managing Director) Sale 15,000 61.23 914,111
2007-08-10 Phillips Donald James Ii (Managing Director) Option Ex 15,000 2.77 41,550
2007-08-10 Noonan Jack (Director) Sale 4,000 61.23 243,759
2007-08-10 Noonan Jack (Director) Option Ex 4,000 2.00 8,000
2007-08-08 Mansueto Joseph D (Chairman & CEO) Sale 30,000 65.53 1,973,598
2007-08-07 Mansueto Joseph D (Chairman & CEO) Sale 30,000 62.30 1,869,757
2007-08-06 Mansueto Joseph D (Chairman & CEO) Sale 45,000 60.66 2,724,059
2007-08-06 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 6,450 59.69 384,987
2007-08-06 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 6,450 14.13 91,138
2007-08-06 Desmond Bevin (President, Int'l Business) Sale 19,950 60.21 1,201,209
2007-08-06 Desmond Bevin (President, Int'l Business) Option Ex 19,950 14.13 281,893
2007-08-02 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 4,746 59.85 284,067
2007-08-02 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 4,746 14.13 67,060
2007-08-02 Phillips Donald James Ii (Managing Director) Sale 5,000 55.14 275,705
2007-08-02 Phillips Donald James Ii (Managing Director) Option Ex 5,000 2.77 13,850
2007-08-02 Kirscher Elizabeth (Pres., Data Services Business) Sale 10,000 56.88 560,334
2007-08-02 Kirscher Elizabeth (Pres., Data Services Business) Option Ex 10,000 17.21 172,120
2007-08-02 Desmond Bevin (President, Int'l Business) Sale 7,366 57.91 425,620
2007-08-02 Desmond Bevin (President, Int'l Business) Option Ex 3,550 14.13 50,161
2007-08-02 Boruff Christopher P (President, Advisor Business) Sale 3,333 54.09 180,291
2007-08-02 Francis Cheryl A (Director) Sale 5,269 56.79 294,236
2007-08-02 Francis Cheryl A (Director) Option Ex 5,269 8.57 45,155
2007-08-01 Mansueto Joseph D (Chairman & CEO) Sale 15,000 49.18 735,070
2007-08-01 Sturm Paul W (Director) Sale 5,000 48.74 243,690
2007-08-01 Francis Cheryl A (Director) Sale 500 49.00 24,500
2007-08-01 Francis Cheryl A (Director) Option Ex 500 8.57 4,285
2007-07-31 Mansueto Joseph D (Chairman & CEO) Sale 15,000 49.49 741,236
2007-07-31 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 300 50.01 15,003
2007-07-31 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 300 14.13 4,239
2007-07-31 Williams David W (Managing Director, Design) Sale 669 49.14 32,874
2007-07-31 Williams David W (Managing Director, Design) Option Ex 669 20.29 13,573
2007-07-31 Francis Cheryl A (Director) Sale 500 49.14 24,570
2007-07-31 Francis Cheryl A (Director) Option Ex 500 8.57 4,285
2007-07-30 Mansueto Joseph D (Chairman & CEO) Sale 20,000 49.22 983,246
2007-07-30 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 1,000 48.91 48,909
2007-07-30 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 1,000 14.13 14,130
2007-07-30 Williams David W (Managing Director, Design) Sale 700 48.87 34,206
2007-07-30 Williams David W (Managing Director, Design) Option Ex 700 20.29 14,200
2007-07-30 Francis Cheryl A (Director) Sale 500 49.10 24,550
2007-07-30 Francis Cheryl A (Director) Option Ex 500 8.57 4,285
2007-07-27 Williams David W (Managing Director, Design) Sale 700 49.13 34,391
2007-07-27 Williams David W (Managing Director, Design) Option Ex 700 20.28 14,196
2007-07-27 Francis Cheryl A (Director) Sale 500 49.13 24,565
2007-07-27 Francis Cheryl A (Director) Option Ex 500 8.57 4,285
2007-07-26 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 1,576 50.12 78,995
2007-07-26 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 1,576 14.13 22,268
2007-07-26 Williams David W (Managing Director, Design) Sale 2,408 49.98 120,342
2007-07-26 Williams David W (Managing Director, Design) Option Ex 2,408 20.28 48,829
2007-07-26 Francis Cheryl A (Director) Sale 500 49.00 24,500
2007-07-26 Francis Cheryl A (Director) Option Ex 500 8.57 4,285
2007-07-25 Mansueto Joseph D (Chairman & CEO) Sale 35,000 48.94 1,712,830
2007-07-25 Phillips Donald James Ii (Managing Director) Sale 10,000 48.66 486,599
2007-07-25 Phillips Donald James Ii (Managing Director) Option Ex 10,000 2.77 27,700
2007-07-25 Williams David W (Managing Director, Design) Sale 700 49.26 34,482
2007-07-25 Williams David W (Managing Director, Design) Option Ex 700 20.27 14,192
2007-07-25 Francis Cheryl A (Director) Sale 500 49.26 24,630
2007-07-25 Francis Cheryl A (Director) Option Ex 500 8.57 4,285
2007-07-24 Williams David W (Managing Director, Design) Sale 700 49.42 34,594
2007-07-24 Williams David W (Managing Director, Design) Option Ex 700 20.27 14,191
2007-07-24 Francis Cheryl A (Director) Sale 500 49.42 24,710
2007-07-24 Francis Cheryl A (Director) Option Ex 500 8.57 4,285
2007-07-23 Mansueto Joseph D (Chairman & CEO) Sale 12,186 49.81 606,988
2007-07-23 Rekenthaler John A (VP, Research & New Prod. Dev.) Sale 2,128 49.84 106,059
2007-07-23 Rekenthaler John A (VP, Research & New Prod. Dev.) Option Ex 2,128 14.13 30,068

Insider trading activities including stock purchases, stock sales, and option exercises of MORN listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of Morningstar, Inc. (symbol MORN, CIK number 1289419) see the Securities and Exchange Commission (SEC) website.