MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

Clarkston Capital Partners, LLC's Holding History (CIK: 0001562855)

Note: Option positions (PUT/CALL) are excluded.

Q2 2015

Shares 25,500 Value ($000) $2,029 Avg Close $76.58 Range $71.89 - $80.93

Q1 2015

Shares 25,500 Value ($000) $1,910 Avg Close $70.94 Range $62.14 - $78.51

Q4 2014

Shares 26,700 Value ($000) $1,728 Avg Close $66.23 Range $61.03 - $71.08

Q3 2014

Shares 26,700 Value ($000) $1,813 Avg Close $68.45 Range $66.30 - $72.76

Q2 2014

Shares 26,700 Value ($000) $1,917 Avg Close $73.12 Range $67.77 - $80.00

Q1 2014

Shares 29,000 Value ($000) $2,292 Avg Close $79.64 Range $73.97 - $84.05

Q4 2013

Shares 4,000 Value ($000) $312 Avg Close $79.53 Range $73.40 - $85.97

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	25,500	$2,029	$76.58	$71.89 - $80.93
Q1 2015	25,500	$1,910	$70.94	$62.14 - $78.51
Q4 2014	26,700	$1,728	$66.23	$61.03 - $71.08
Q3 2014	26,700	$1,813	$68.45	$66.30 - $72.76
Q2 2014	26,700	$1,917	$73.12	$67.77 - $80.00
Q1 2014	29,000	$2,292	$79.64	$73.97 - $84.05
Q4 2013	4,000	$312	$79.53	$73.40 - $85.97