Insider Trading activities of Morningstar, Inc. insiders. , Part 3

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 3
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2012-07-25 Sturm Paul W (Director) Sale 500 58.00 29,000
2012-07-23 Phillips Donald James Ii (President, Fund Research) Sale 5,000 58.14 290,685
2012-07-18 Sturm Paul W (Director) Sale 500 59.03 29,515
2012-07-16 Phillips Donald James Ii (President, Fund Research) Sale 5,000 59.69 298,425
2012-07-11 Sturm Paul W (Director) Sale 500 59.27 29,635
2012-07-09 Phillips Donald James Ii (President, Fund Research) Sale 5,000 59.60 297,985
2012-07-05 Sturm Paul W (Director) Sale 500 59.48 29,739
2012-07-05 Williams David W (Managing Director, Design) Sale 700 60.00 42,000
2012-07-03 Williams David W (Managing Director, Design) Sale 3,300 60.02 198,052
2012-07-02 Sturm Paul W (Director) Sale 500 58.00 29,000
2012-07-02 Phillips Donald James Ii (President, Fund Research) Sale 5,000 58.70 293,490
2012-07-02 Williams David W (Managing Director, Design) Sale 3,500 58.68 205,366
2012-06-25 Phillips Donald James Ii (President, Fund Research) Sale 5,000 56.75 283,740
2012-06-20 Sturm Paul W (Director) Sale 500 58.69 29,345
2012-06-18 Sturm Paul W (Director) Sale 500 58.00 29,000
2012-06-18 Phillips Donald James Ii (President, Fund Research) Sale 5,000 57.89 289,470
2012-06-11 Sturm Paul W (Director) Sale 374 58.00 21,692
2012-06-11 Phillips Donald James Ii (President, Fund Research) Sale 5,000 57.29 286,435
2012-06-07 Sturm Paul W (Director) Sale 126 58.00 7,308
2012-06-04 Phillips Donald James Ii (President, Fund Research) Sale 5,000 55.40 277,015
2012-05-30 Williams David W (Managing Director, Design) Sale 3,500 56.61 198,128
2012-05-29 Phillips Donald James Ii (President, Fund Research) Sale 5,000 57.37 286,835
2012-05-21 Phillips Donald James Ii (President, Fund Research) Sale 5,000 55.80 279,005
2012-05-14 Phillips Donald James Ii (President, Fund Research) Sale 5,000 55.47 277,325
2012-05-07 Phillips Donald James Ii (President, Fund Research) Sale 5,000 55.72 278,605
2012-04-30 Phillips Donald James Ii (President, Fund Research) Sale 5,000 57.96 289,795
2012-04-30 Williams David W (Managing Director, Design) Sale 3,500 57.95 202,835
2012-03-27 Desmond Bevin (President, Int'l Division) Sale 8,000 62.06 496,496
2012-03-27 Desmond Bevin (President, Int'l Division) Option Ex 8,000 19.94 159,512
2012-03-26 Desmond Bevin (President, Int'l Division) Sale 7,000 62.13 434,945
2012-03-26 Desmond Bevin (President, Int'l Division) Option Ex 7,000 19.94 139,559
2012-03-12 Boruff Christopher P (President, Software Division) Sale 4,015 59.61 239,342
2012-03-12 Boruff Christopher P (President, Software Division) Option Ex 8,765 10.95 95,976
2012-03-05 Kirscher Elizabeth (Pres., Data Division) Sale 1,000 60.00 60,000
2012-03-05 Kirscher Elizabeth (Pres., Data Division) Option Ex 1,000 10.95 10,950
2012-02-28 Robbins Richard E (General Counsel and Secretary) Sale 1,000 59.28 59,277
2012-02-28 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 41.87 41,873
2012-02-14 Robbins Richard E (General Counsel and Secretary) Sale 1,000 60.99 60,989
2012-02-14 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 41.80 41,805
2012-02-06 Phillips Donald James Ii (President, Fund Research) Sale 3,662 60.54 221,712
2012-02-06 Phillips Donald James Ii (President, Fund Research) Option Ex 3,662 24.43 89,444
2012-02-02 Francis Cheryl A (Director) Sale 103 60.12 6,192
2012-02-02 Francis Cheryl A (Director) Option Ex 103 19.82 2,041
2012-02-01 Phillips Donald James Ii (President, Fund Research) Sale 5,000 60.07 300,345
2012-02-01 Phillips Donald James Ii (President, Fund Research) Option Ex 5,000 24.41 122,055
2012-02-01 Francis Cheryl A (Director) Sale 500 60.00 30,000
2012-02-01 Francis Cheryl A (Director) Option Ex 500 19.81 9,907
2012-01-31 Robbins Richard E (General Counsel and Secretary) Sale 1,000 59.40 59,399
2012-01-31 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 41.74 41,737
2012-01-27 Francis Cheryl A (Director) Sale 114 60.00 6,840
2012-01-27 Francis Cheryl A (Director) Option Ex 114 19.80 2,257
2012-01-26 Phillips Donald James Ii (President, Fund Research) Sale 1,600 60.02 96,028
2012-01-26 Phillips Donald James Ii (President, Fund Research) Option Ex 1,600 24.39 39,032
2012-01-26 Francis Cheryl A (Director) Sale 500 60.00 30,000
2012-01-26 Francis Cheryl A (Director) Option Ex 500 19.80 9,900
2012-01-17 Robbins Richard E (General Counsel and Secretary) Sale 1,000 58.81 58,812
2012-01-17 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 41.67 41,669
2012-01-03 Robbins Richard E (General Counsel and Secretary) Sale 1,000 59.95 59,945
2012-01-03 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 41.60 41,601
2012-01-03 Phillips Donald James Ii (President, Fund Research) Sale 1,578 60.04 94,743
2012-01-03 Phillips Donald James Ii (President, Fund Research) Option Ex 1,578 24.33 38,397
2012-01-03 Francis Cheryl A (Director) Sale 500 60.09 30,045
2012-01-03 Francis Cheryl A (Director) Option Ex 500 19.75 9,873
2011-12-30 Francis Cheryl A (Director) Sale 500 60.01 30,005
2011-12-30 Francis Cheryl A (Director) Option Ex 500 19.74 9,869
2011-12-29 Francis Cheryl A (Director) Sale 500 60.00 30,000
2011-12-29 Francis Cheryl A (Director) Option Ex 500 19.74 9,868
2011-12-28 Francis Cheryl A (Director) Sale 296 60.00 17,760
2011-12-28 Francis Cheryl A (Director) Option Ex 296 19.73 5,841
2011-12-27 Phillips Donald James Ii (President, Fund Research) Sale 5,000 60.10 300,525
2011-12-27 Phillips Donald James Ii (President, Fund Research) Option Ex 5,000 24.31 121,570
2011-12-27 Francis Cheryl A (Director) Sale 500 60.00 30,000
2011-12-27 Francis Cheryl A (Director) Option Ex 500 19.73 9,866
2011-12-23 Phillips Donald James Ii (President, Fund Research) Sale 4,800 60.02 288,096
2011-12-23 Phillips Donald James Ii (President, Fund Research) Option Ex 4,800 24.30 116,654
2011-12-23 Francis Cheryl A (Director) Sale 500 60.00 30,000
2011-12-23 Francis Cheryl A (Director) Option Ex 500 19.72 9,861
2011-12-16 Sturm Paul W (Director) Option Ex 12,000 19.71 236,472
2011-12-06 Kaplan Steven N (Director) Sale 2,500 59.58 148,940
2011-12-05 Phillips Donald James Ii (President, Fund Research) Sale 269 60.02 16,146
2011-12-05 Phillips Donald James Ii (President, Fund Research) Option Ex 269 24.25 6,524
2011-12-05 Francis Cheryl A (Director) Sale 500 60.01 30,005
2011-12-05 Francis Cheryl A (Director) Option Ex 500 19.68 9,840
2011-12-01 Phillips Donald James Ii (President, Fund Research) Sale 2,500 60.14 150,357
2011-12-01 Phillips Donald James Ii (President, Fund Research) Option Ex 2,500 24.24 60,607
2011-12-01 Francis Cheryl A (Director) Sale 500 60.00 30,000
2011-12-01 Francis Cheryl A (Director) Option Ex 500 19.67 9,836
2011-11-30 Phillips Donald James Ii (President, Fund Research) Sale 2,500 60.10 150,255
2011-11-30 Phillips Donald James Ii (President, Fund Research) Option Ex 2,500 24.24 60,602
2011-11-30 Francis Cheryl A (Director) Sale 500 60.00 30,000
2011-11-30 Francis Cheryl A (Director) Option Ex 500 19.67 9,835
2011-11-14 Phillips Donald James Ii (President, Fund Research) Sale 89 60.00 5,340
2011-11-14 Phillips Donald James Ii (President, Fund Research) Option Ex 89 24.20 2,153
2011-11-11 Phillips Donald James Ii (President, Fund Research) Sale 1,200 60.02 72,024
2011-11-11 Phillips Donald James Ii (President, Fund Research) Option Ex 1,200 24.19 29,026
2011-11-11 Francis Cheryl A (Director) Sale 500 60.00 30,000
2011-11-11 Francis Cheryl A (Director) Option Ex 500 19.63 9,814
2011-11-09 Kaplan Steven N (Director) Sale 2,500 58.70 146,762
2011-11-08 Phillips Donald James Ii (President, Fund Research) Sale 3,800 60.04 228,155
2011-11-08 Phillips Donald James Ii (President, Fund Research) Option Ex 3,800 21.90 83,223
2011-11-08 Francis Cheryl A (Director) Sale 500 60.00 30,000
2011-11-08 Francis Cheryl A (Director) Option Ex 500 19.62 9,811
2011-11-01 Williams David W (Managing Director, Design) Sale 1,000 57.35 57,348
2011-10-31 Phillips Donald James Ii (President, Fund Research) Sale 5,000 60.11 300,535
2011-10-31 Phillips Donald James Ii (President, Fund Research) Option Ex 5,000 19.60 98,020
2011-10-31 Williams David W (Managing Director, Design) Sale 9,000 59.86 538,776
2011-10-31 Francis Cheryl A (Director) Sale 500 60.00 30,000
2011-10-31 Francis Cheryl A (Director) Option Ex 500 19.60 9,802
2011-10-27 Phillips Donald James Ii (President, Fund Research) Sale 4,500 60.12 270,531
2011-10-27 Phillips Donald James Ii (President, Fund Research) Option Ex 4,500 19.59 88,177
2011-10-24 Phillips Donald James Ii (President, Fund Research) Sale 500 60.00 30,000
2011-10-24 Phillips Donald James Ii (President, Fund Research) Option Ex 500 19.59 9,794
2011-10-12 Phillips Donald James Ii (President, Fund Research) Sale 300 60.04 18,011
2011-10-12 Phillips Donald James Ii (President, Fund Research) Option Ex 300 19.56 5,868
2011-10-11 Phillips Donald James Ii (President, Fund Research) Sale 1,300 60.00 78,000
2011-10-11 Phillips Donald James Ii (President, Fund Research) Option Ex 1,300 19.56 25,428
2011-10-11 Desmond Bevin (President, Int'l Division) Sale 848 60.00 50,880
2011-10-11 Desmond Bevin (President, Int'l Division) Option Ex 848 19.56 16,586
2011-09-20 Kaplan Steven N (Director) Sale 2,500 59.29 148,220
2011-09-19 Phillips Donald James Ii (President, Fund Research) Sale 4,799 58.51 280,784
2011-09-14 Phillips Donald James Ii (President, Fund Research) Sale 501 58.00 29,058
2011-09-07 Phillips Donald James Ii (President, Fund Research) Sale 3,000 58.07 174,198
2011-09-01 Phillips Donald James Ii (President, Fund Research) Sale 2,288 60.08 137,458
2011-09-01 Desmond Bevin (President, Int'l Division) Sale 2,094 60.06 125,765
2011-09-01 Desmond Bevin (President, Int'l Division) Option Ex 2,094 19.47 40,774
2011-08-31 Phillips Donald James Ii (President, Fund Research) Sale 1,611 60.03 96,713
2011-08-31 Desmond Bevin (President, Int'l Division) Sale 1,532 60.04 91,979
2011-08-31 Desmond Bevin (President, Int'l Division) Option Ex 1,532 19.47 29,828
2011-08-30 Phillips Donald James Ii (President, Fund Research) Sale 900 60.02 54,021
2011-08-30 Desmond Bevin (President, Int'l Division) Sale 835 60.01 50,111
2011-08-30 Desmond Bevin (President, Int'l Division) Option Ex 835 23.99 20,032
2011-08-29 Phillips Donald James Ii (President, Fund Research) Sale 8,761 59.42 520,543
2011-08-29 Desmond Bevin (President, Int'l Division) Sale 1,267 60.02 76,050
2011-08-29 Desmond Bevin (President, Int'l Division) Option Ex 1,267 15.21 19,268
2011-08-26 Phillips Donald James Ii (President, Fund Research) Sale 4,300 58.16 250,075
2011-08-25 Phillips Donald James Ii (President, Fund Research) Sale 79 58.21 4,598
2011-08-24 Phillips Donald James Ii (President, Fund Research) Sale 200 58.03 11,607
2011-08-23 Noonan Jack (Director) Option Ex 12,000 10.95 131,400
2011-08-02 Desmond Bevin (President, Int'l Division) Sale 7,217 60.35 435,538
2011-08-02 Desmond Bevin (President, Int'l Division) Option Ex 7,217 15.18 109,539
2011-07-25 Phillips Donald James Ii (President, Fund Research) Sale 5,000 61.49 307,475
2011-07-25 Phillips Donald James Ii (President, Fund Research) Option Ex 5,000 19.39 96,945
2011-07-18 Phillips Donald James Ii (President, Fund Research) Sale 5,000 60.27 301,335
2011-07-18 Phillips Donald James Ii (President, Fund Research) Option Ex 5,000 19.37 96,865
2011-07-11 Phillips Donald James Ii (President, Fund Research) Sale 5,000 62.23 311,165
2011-07-11 Phillips Donald James Ii (President, Fund Research) Option Ex 5,000 19.36 96,790
2011-07-05 Phillips Donald James Ii (President, Fund Research) Sale 5,000 61.59 307,925
2011-07-05 Phillips Donald James Ii (President, Fund Research) Option Ex 5,000 13.96 69,785
2011-06-28 Robbins Richard E (General Counsel and Secretary) Sale 1,000 59.51 59,508
2011-06-28 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 40.70 40,699

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.