secwatch.observer — SEC 8-K summary
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Issuer:     Cboe Global Markets, Inc. (CBOE)
CIK:        0001374310
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001558370-23-001295
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cboe amends CEO Tilly's contract: new term to Dec 2024, salary $1.265M, bonus target $2.087M, equity $6.648M
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- Employment term extended to Dec 31, 2024 with automatic one-year renewals unless 180-day notice given.
- Base salary $1,265,000; 2023 target annual bonus $2,087,250; target equity award $6,648,000.
- On voluntary termination w/o good reason after Dec 31, 2023: full vesting of 2023 PSUs at actual performance; similar for 2024 PSUs after Dec 31, 2024.
- Board approved new PSU award agreements for Tilly with full vesting upon retirement or voluntary termination after Dec 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374310/000155837023001295/0001558370-23-001295-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374310/000155837023001295/cboe-20230209x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-001295

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