Insider Trading activities of Morningstar, Inc. insiders. , Part 4

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 $811,266,945.
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 4
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2011-06-21 Phillips Donald James Ii (President, Fund Research) Sale 3,297 60.01 197,836
2011-06-21 Phillips Donald James Ii (President, Fund Research) Option Ex 3,297 10.95 36,102
2011-06-14 Robbins Richard E (General Counsel and Secretary) Sale 1,000 58.48 58,475
2011-06-14 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 40.63 40,633
2011-05-31 Robbins Richard E (General Counsel and Secretary) Sale 1,000 59.93 59,926
2011-05-31 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 40.57 40,568
2011-05-31 Phillips Donald James Ii (President, Fund Research) Sale 5,000 60.04 300,220
2011-05-31 Phillips Donald James Ii (President, Fund Research) Option Ex 5,000 23.75 118,725
2011-05-27 Phillips Donald James Ii (President, Fund Research) Sale 5,000 60.16 300,815
2011-05-27 Phillips Donald James Ii (President, Fund Research) Option Ex 5,000 23.73 118,670
2011-05-20 Phillips Donald James Ii (President, Fund Research) Sale 1,000 60.01 60,012
2011-05-20 Phillips Donald James Ii (President, Fund Research) Option Ex 1,000 10.95 10,950
2011-05-19 Phillips Donald James Ii (President, Fund Research) Sale 603 60.00 36,180
2011-05-19 Phillips Donald James Ii (President, Fund Research) Option Ex 603 10.95 6,602
2011-05-19 Williams David W (Managing Director, Design) Sale 1,000 60.00 60,000
2011-05-16 Robbins Richard E (General Counsel and Secretary) Sale 1,000 56.89 56,891
2011-05-16 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 40.50 40,498
2011-05-02 Robbins Richard E (General Counsel and Secretary) Sale 1,000 57.63 57,634
2011-05-02 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 40.43 40,432
2011-04-25 Williams David W (Managing Director, Design) Sale 1,000 60.00 60,000
2011-04-21 Williams David W (Managing Director, Design) Sale 1,000 60.00 60,000
2011-04-19 Robbins Richard E (General Counsel and Secretary) Sale 1,000 59.15 59,145
2011-04-19 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 40.37 40,371
2011-04-13 Sturm Paul W (Director) Sale 3,000 59.01 177,039
2011-04-06 Sturm Paul W (Director) Sale 3,000 58.57 175,719
2011-04-05 Robbins Richard E (General Counsel and Secretary) Sale 1,000 59.78 59,782
2011-04-05 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 40.31 40,306
2011-04-04 Sturm Paul W (Director) Sale 1,000 59.99 59,990
2011-04-04 Kirscher Elizabeth (Pres., Data Division) Sale 3,346 60.01 200,783
2011-04-04 Kirscher Elizabeth (Pres., Data Division) Option Ex 3,346 10.95 36,638
2011-04-04 Williams David W (Managing Director, Design) Sale 1,000 60.00 60,000
2011-03-31 Desmond Bevin (President, Int'l Division) Sale 9,450 57.62 544,556
2011-03-31 Desmond Bevin (President, Int'l Division) Option Ex 19,300 14.13 272,709
2011-03-30 Sturm Paul W (Director) Sale 3,000 57.96 173,877
2011-03-24 Phillips Donald James Ii (President, Fund Research) Option Ex 15,000 14.13 211,950
2011-03-23 Sturm Paul W (Director) Sale 3,000 57.23 171,687
2011-03-22 Robbins Richard E (General Counsel and Secretary) Sale 1,000 58.30 58,304
2011-03-22 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 40.24 40,240
2011-03-22 Boruff Christopher P (President, Software Division) Sale 5,000 58.08 290,415
2011-03-22 Boruff Christopher P (President, Software Division) Option Ex 5,000 14.13 70,650
2011-03-16 Sturm Paul W (Director) Sale 3,000 57.17 171,504
2011-03-09 Sturm Paul W (Director) Sale 3,000 58.27 174,804
2011-03-08 Robbins Richard E (General Counsel and Secretary) Sale 1,000 57.79 57,790
2011-03-08 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 40.17 40,175
2011-03-08 Boruff Christopher P (President, Software Division) Sale 5,000 58.26 291,315
2011-03-08 Boruff Christopher P (President, Software Division) Option Ex 5,000 14.13 70,650
2011-03-03 Sturm Paul W (Director) Sale 1,000 59.99 59,990
2011-03-03 Kirscher Elizabeth (Pres., Data Division) Sale 5,654 60.12 339,890
2011-03-03 Kirscher Elizabeth (Pres., Data Division) Option Ex 5,654 10.95 61,911
2011-03-03 Williams David W (Managing Director, Design) Sale 1,000 60.00 60,000
2011-03-03 Francis Cheryl A (Director) Sale 1,487 59.49 88,461
2011-03-03 Francis Cheryl A (Director) Option Ex 1,487 19.07 28,360
2011-03-02 Sturm Paul W (Director) Sale 3,000 57.73 173,193
2011-03-02 Francis Cheryl A (Director) Sale 500 57.55 28,775
2011-03-02 Francis Cheryl A (Director) Option Ex 500 19.07 9,535
2011-03-01 Francis Cheryl A (Director) Sale 500 58.95 29,475
2011-03-01 Francis Cheryl A (Director) Option Ex 500 14.70 7,350
2011-02-28 Francis Cheryl A (Director) Sale 500 58.80 29,400
2011-02-28 Francis Cheryl A (Director) Option Ex 500 14.70 7,350
2011-02-25 Francis Cheryl A (Director) Sale 500 57.90 28,950
2011-02-25 Francis Cheryl A (Director) Option Ex 500 14.70 7,350
2011-02-24 Francis Cheryl A (Director) Sale 500 58.20 29,100
2011-02-24 Francis Cheryl A (Director) Option Ex 500 14.70 7,350
2011-02-23 Sturm Paul W (Director) Sale 3,000 58.08 174,237
2011-02-23 Francis Cheryl A (Director) Sale 500 58.22 29,110
2011-02-23 Francis Cheryl A (Director) Option Ex 500 14.70 7,350
2011-02-22 Cooley Richard Scott (Chief Financial Officer) Sale 5,375 58.60 314,953
2011-02-22 Cooley Richard Scott (Chief Financial Officer) Option Ex 5,375 12.54 67,402
2011-02-22 Robbins Richard E (General Counsel and Secretary) Sale 2,078 58.62 121,804
2011-02-22 Robbins Richard E (General Counsel and Secretary) Option Ex 1,000 31.90 31,900
2011-02-22 Boruff Christopher P (President, Software Division) Sale 5,000 58.01 290,060
2011-02-22 Boruff Christopher P (President, Software Division) Option Ex 5,000 14.13 70,650
2011-02-22 Francis Cheryl A (Director) Sale 500 57.96 28,980
2011-02-22 Francis Cheryl A (Director) Option Ex 500 14.70 7,350
2011-01-31 Huang Tao (Chief Operating Officer) Sale 1,000 52.83 52,830
2011-01-31 Huang Tao (Chief Operating Officer) Option Ex 1,000 19.00 19,004
2011-01-28 Huang Tao (Chief Operating Officer) Sale 1,000 53.54 53,540
2011-01-28 Huang Tao (Chief Operating Officer) Option Ex 1,000 19.00 18,997
2011-01-27 Huang Tao (Chief Operating Officer) Sale 1,000 53.90 53,900
2011-01-27 Huang Tao (Chief Operating Officer) Option Ex 1,000 19.00 18,995
2011-01-26 Huang Tao (Chief Operating Officer) Sale 1,000 53.42 53,420
2011-01-26 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.99 18,993
2011-01-25 Huang Tao (Chief Operating Officer) Sale 1,000 53.84 53,840
2011-01-25 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.99 18,991
2011-01-24 Huang Tao (Chief Operating Officer) Sale 1,000 53.37 53,370
2011-01-24 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.99 18,989
2011-01-21 Huang Tao (Chief Operating Officer) Sale 1,000 54.10 54,100
2011-01-21 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.98 18,982
2011-01-20 Huang Tao (Chief Operating Officer) Sale 1,087 54.59 59,334
2011-01-20 Huang Tao (Chief Operating Officer) Option Ex 1,087 18.98 20,631
2011-01-19 Huang Tao (Chief Operating Officer) Sale 1,500 55.34 83,002
2011-01-19 Huang Tao (Chief Operating Officer) Option Ex 1,500 18.98 28,467
2011-01-18 Huang Tao (Chief Operating Officer) Sale 1,500 54.59 81,880
2011-01-18 Huang Tao (Chief Operating Officer) Option Ex 1,500 18.98 28,464
2011-01-14 Huang Tao (Chief Operating Officer) Sale 1,000 53.58 53,580
2011-01-14 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.97 18,967
2011-01-13 Huang Tao (Chief Operating Officer) Sale 1,000 52.91 52,914
2011-01-13 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.96 18,965
2011-01-12 Huang Tao (Chief Operating Officer) Sale 1,000 53.13 53,133
2011-01-12 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.96 18,962
2011-01-11 Huang Tao (Chief Operating Officer) Sale 1,000 53.11 53,106
2011-01-11 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.96 18,960
2011-01-10 Huang Tao (Chief Operating Officer) Sale 1,000 52.62 52,620
2011-01-10 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.96 18,958
2011-01-07 Huang Tao (Chief Operating Officer) Sale 1,000 54.13 54,130
2011-01-07 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.95 18,951
2011-01-06 Huang Tao (Chief Operating Officer) Sale 1,000 54.10 54,103
2011-01-06 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.95 18,949
2011-01-05 Huang Tao (Chief Operating Officer) Sale 1,000 52.58 52,580
2011-01-05 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.95 18,947
2011-01-04 Huang Tao (Chief Operating Officer) Sale 1,000 53.51 53,510
2011-01-04 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.95 18,945
2011-01-03 Huang Tao (Chief Operating Officer) Sale 1,000 53.21 53,210
2011-01-03 Huang Tao (Chief Operating Officer) Option Ex 1,000 18.94 18,943
2010-12-31 Huang Tao (Chief Operating Officer) Sale 1,000 53.70 53,700
2010-12-31 Huang Tao (Chief Operating Officer) Option Ex 1,000 21.14 21,142
2010-12-30 Huang Tao (Chief Operating Officer) Sale 1,000 53.78 53,780
2010-12-30 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.35 23,346
2010-12-29 Huang Tao (Chief Operating Officer) Sale 1,000 52.67 52,670
2010-12-29 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.34 23,343
2010-12-28 Huang Tao (Chief Operating Officer) Sale 1,000 52.80 52,800
2010-12-28 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.34 23,340
2010-12-27 Huang Tao (Chief Operating Officer) Sale 1,000 52.96 52,960
2010-12-27 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.34 23,338
2010-12-23 Huang Tao (Chief Operating Officer) Sale 1,000 53.50 53,500
2010-12-23 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.33 23,327
2010-12-22 Huang Tao (Chief Operating Officer) Sale 1,000 52.81 52,810
2010-12-22 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.32 23,325
2010-12-21 Huang Tao (Chief Operating Officer) Sale 1,000 52.34 52,340
2010-12-21 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.32 23,322
2010-12-20 Huang Tao (Chief Operating Officer) Sale 1,000 52.22 52,220
2010-12-20 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.32 23,319
2010-12-17 Huang Tao (Chief Operating Officer) Sale 1,000 52.16 52,160
2010-12-17 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.31 23,312
2010-12-16 Huang Tao (Chief Operating Officer) Sale 1,000 51.74 51,740
2010-12-16 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.31 23,309
2010-12-16 Kirscher Elizabeth (Pres., Data Division) Sale 3,000 51.87 155,598
2010-12-16 Kirscher Elizabeth (Pres., Data Division) Option Ex 3,000 14.13 42,390
2010-12-15 Huang Tao (Chief Operating Officer) Sale 1,000 52.00 52,000
2010-12-15 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.31 23,306
2010-12-15 Kirscher Elizabeth (Pres., Data Division) Sale 3,000 52.17 156,522
2010-12-15 Kirscher Elizabeth (Pres., Data Division) Option Ex 3,000 14.13 42,390
2010-12-14 Huang Tao (Chief Operating Officer) Sale 1,000 52.16 52,160
2010-12-14 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.30 23,304
2010-12-14 Kaplan Steven N (Director) Sale 2,000 52.27 104,530
2010-12-14 Kirscher Elizabeth (Pres., Data Division) Sale 3,000 52.26 156,792
2010-12-14 Kirscher Elizabeth (Pres., Data Division) Option Ex 3,000 14.13 42,390
2010-12-13 Huang Tao (Chief Operating Officer) Sale 1,000 52.51 52,510
2010-12-13 Huang Tao (Chief Operating Officer) Option Ex 1,000 23.30 23,301
2010-12-13 Kirscher Elizabeth (Pres., Data Division) Sale 3,000 52.55 157,656

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.