<?xml version='1.0' encoding='UTF-8'?>

      <!-- iXBRL document created with: Toppan Merrill Bridge iXBRL 9.5.7293.39921 -->
      <!-- Based on: iXBRL 1.1 -->
      <!-- Created on: 2/14/2020 9:31:03 PM -->
      <!-- iXBRL Library version: 1.0.7293.39928 -->
      <!-- iXBRL Service Job ID: 6cde70a1-4a72-4f92-bca3-c8e5831b9d49 -->

  <html xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns="http://www.w3.org/1999/xhtml" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:cboe="http://www.cboe.com/20200211" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:xbrli="http://www.xbrl.org/2003/instance"><head><meta http-equiv="content-type" content="text/html" /><title></title></head><body><div style="margin-top:30pt;"></div><div style="display:none;"><ix:header><ix:hidden><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:EntityCentralIndexKey" id="Tc_f7CLWFEP2UmUsMeNqNKWTQ_2_1">0001374310</ix:nonNumeric><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:AmendmentFlag" id="Tc_b5IyRQUR20OblmOX09nrCA_3_1">false</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:href="cboe-20200211.xsd" xlink:type="simple"></link:schemaRef></ix:references><ix:resources><xbrli:context id="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001374310</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2019-12-10</xbrli:startDate><xbrli:endDate>2019-12-10</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div style="max-width:100%;padding-left:10.35%;padding-right:10.35%;position:relative;"><div style="clear:both;max-width:100%;position:relative;min-height:11.5pt;"><a id="_a1d492ac_c7f7_4094_aa70_d623fbc6e8da"></a><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:18pt;font-weight:bold;">UNITED STATES</b></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:18pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</b></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Washington, D.C. 20549</b></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><div style="font-family:'Times New Roman';font-size:10.0pt;margin-bottom:0pt;margin-top:0pt;min-height:1.19em;position:relative;width:100%;"><div style="background-color:#000000;height:1pt;position:relative;top:0.6em;width:25.0%;border:none;margin:0 auto;"></div></div><p style="font-family:'Times New Roman';font-size:10pt;line-height:8pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:18pt;font-weight:bold;text-align:center;margin:0pt;">Form&#160;<ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:DocumentType" id="Narr_NmUxYJ_VPkyuv8qoAcMQDQ">8-K</ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><div style="font-family:'Times New Roman';font-size:10.0pt;margin-bottom:0pt;margin-top:0pt;min-height:1.19em;position:relative;width:100%;"><div style="background-color:#000000;height:1pt;position:relative;top:0.6em;width:25.0%;border:none;margin:0 auto;"></div></div><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:12pt;font-weight:bold;">CURRENT REPORT</b></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:12pt;font-weight:bold;">Pursuant to Section&#160;13 or 15(d)&#160;of the</b></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:12pt;font-weight:bold;">Securities Exchange Act of 1934</b></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">Date of Report (Date of earliest event reported): <ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate" id="Narr_3LOECrQPjUaAbfxvfYOaTA"><b style="font-weight:bold;">February 11, 2020</b></ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><div style="font-family:'Times New Roman';font-size:10.0pt;margin-bottom:0pt;margin-top:0pt;min-height:1.19em;position:relative;width:100%;"><div style="background-color:#000000;height:1pt;position:relative;top:0.6em;width:25.0%;border:none;margin:0 auto;"></div></div><p style="font-family:'Times New Roman';font-size:18pt;font-weight:bold;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:EntityRegistrantName" id="Narr_cmuglfbX60qJApk14NyPGA">Cboe Global Markets, Inc.</ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">(Exact name of registrant as specified in its charter)</p><div style="font-family:'Times New Roman';font-size:10.0pt;margin-bottom:0pt;margin-top:0pt;min-height:1.19em;position:relative;width:100%;"><div style="background-color:#000000;height:1pt;position:relative;top:0.6em;width:25.0%;border:none;margin:0 auto;"></div></div><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode" id="Narr_EUFw_AkP9UGEt2XmVdWQMA"><b style="font-weight:bold;">Delaware</b></ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">(State or other jurisdiction of incorporation)</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><a id="_fc916d68_e4c2_455a_88f7_16d526c85ef0"></a><a id="Tc_NkAjixDA0UaD2l9NY_Jg-A_1_0"></a><a id="Tc_AjENEsMdSk2Aa1YdQCQ0pA_1_1"></a><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr><td style="vertical-align:bottom;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:EntityFileNumber" id="Tc_jToxBddWI0KqpIYPovZzEg_0_0"><b style="font-weight:bold;">001-34774</b></ix:nonNumeric></p></td><td style="vertical-align:bottom;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:EntityTaxIdentificationNumber" id="Tc_ACPzLKMkOUOkliuy1Pe2Pw_0_1"><b style="font-weight:bold;">20-5446972</b></ix:nonNumeric></p></td></tr><tr><td style="vertical-align:bottom;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">(Commission File Number)</p></td><td style="vertical-align:bottom;width:50%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">(IRS Employer Identification No.)</p></td></tr></table><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:EntityAddressAddressLine1" id="Narr_rewrA6hglE6DMaOEiPc8RA"><b style="font-weight:bold;">400 South LaSalle Street</b></ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:EntityAddressCityOrTown" id="Narr_88yhOIVr1ESZFr4BsB0CVQ"><b style="font-weight:bold;">Chicago</b></ix:nonNumeric><b style="font-weight:bold;">,&#160;</b><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince" id="Narr_in2D03sSlkO2_vsI2efxKQ"><b style="font-weight:bold;">Illinois</b></ix:nonNumeric><b style="font-weight:bold;"> </b><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:EntityAddressPostalZipCode" id="Narr_gKTNpgF4x0GksqPpIBDYGQ"><b style="font-weight:bold;">60605</b></ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">(Address and Zip Code of Principal Executive Offices)</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">Registrant&#39;s telephone number, including area code <b style="font-weight:bold;">(</b><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:CityAreaCode" id="Narr_4SNUW7duIUiBwrEuFdpwew"><b style="font-weight:bold;">312</b></ix:nonNumeric><b style="font-weight:bold;">)&#160;</b><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:LocalPhoneNumber" id="Narr_kIWFoT45qU-fCxMTeN2OgQ"><b style="font-weight:bold;">786-5600</b></ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Check the appropriate box below if the Form&#160;8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" format="ixt-sec:boolballotbox" name="dei:WrittenCommunications" id="Narr_NEGsrBOsl0iO_GM7Y9PFYg"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric>&#160;&#160;&#160;&#160;Written communications pursuant to Rule&#160;425 under the Securities Act (16 CFR 230.425)</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" format="ixt-sec:boolballotbox" name="dei:SolicitingMaterial" id="Narr_aK1_pfS-FUi0w1Mz5Sm4_Q"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric>&#160;&#160;&#160;&#160;Soliciting material pursuant to Rule&#160;14a-12 under the Exchange Act (16 CFR 240.14a-12)</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" format="ixt-sec:boolballotbox" name="dei:PreCommencementTenderOffer" id="Narr_9j_QqoAZ9EyEPAivi6wnTw"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric>&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to Rule&#160;14d-2(b)&#160;under the Exchange Act (16 CFR 240.14d-2(b))</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" format="ixt-sec:boolballotbox" name="dei:PreCommencementIssuerTenderOffer" id="Narr_hmkjvHgPVUORObxkdLhQIg"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric>&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to Rule&#160;13e-4(c)&#160;under the Exchange Act (17 CFR 240.13e-4(c))</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 8pt 0pt;">Securities registered pursuant to Section 12(b) of the Act:</p><a id="_465e262b_240d_4f8c_bb13_4ddc323c3abf"></a><a id="Tc_13V1fN4Bg0uQxMeYTskgWQ_1_0"></a><a id="Tc_mrEQylnh2k-mNDpWkONxTA_1_2"></a><a id="Tc_He_mdEL1L0ySmWi3uzcv8Q_1_4"></a><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:80%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:40.78%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:top;width:2.06%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:top;width:14.29%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;width:40.79%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td></tr><tr><td style="vertical-align:bottom;width:40.78%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;padding-left:7.2pt;text-align:center;text-indent:-7.2pt;margin:0pt;"><b style="font-weight:bold;">Title&#160;of&#160;each&#160;class:</b></p></td><td style="vertical-align:top;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">&#160;&#160;&#160;&#160;</b></p></td><td style="vertical-align:top;width:14.29%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Trading Symbol</b></p></td><td style="vertical-align:bottom;width:2.06%;border-bottom:1px solid transparent;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">&#160;&#160;&#160;&#160;</b></p></td><td style="vertical-align:bottom;width:40.79%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Name&#160;of&#160;each&#160;exchange&#160;on&#160;which&#160;registered:</b></p></td></tr><tr><td style="vertical-align:top;width:40.78%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;padding-left:7.2pt;text-align:center;text-indent:-7.2pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:Security12bTitle" id="Tc_hayYWiTt_EOo9G_ZTdKW5g_2_0"><span style="font-size:8pt;">Common Stock, par value of $0.01 per share</span></ix:nonNumeric></p></td><td style="vertical-align:top;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:14.29%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:TradingSymbol" id="Tc_6heyFlCuzkaDA26RVvEDKQ_2_2"><span style="font-size:8pt;">CBOE</span></ix:nonNumeric></p></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:40.79%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" name="dei:SecurityExchangeName" id="Tc_1a2IEJP5PUee_pPDJ5TV_A_2_4"><span style="font-size:8pt;">CboeBZX</span></ix:nonNumeric></p></td></tr></table><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Emerging growth company&#160;&#160;<ix:nonNumeric contextRef="Duration_12_10_2019_To_12_10_2019_YHULcJO2r0KqmSPS11r5Eg" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany" id="Narr_5lXPK8FlM0iUIm9ZUHRLOw"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160;&#160;<span style="font-family:'Segoe UI Symbol';">&#9744;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:79.3%;border:0;margin:30pt 10.35% 30pt 10.35%;"></div><div style="max-width:100%;padding-left:10.35%;padding-right:10.35%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><a id="_ec43e065_451d_4d63_bde2_3db58bd6b358"></a><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><b style="font-weight:bold;text-transform:uppercase;white-space:pre-wrap;">Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</b></p><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><i style="font-style:italic;">CEO Employment Agreement</i> </p><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;">Cboe Global Markets, Inc. (the &#8220;Company&#8221;) entered into an amended and restated employment agreement, dated February 11, 2020 (the &#8220;Agreement&#8221;), with Edward T. Tilly, the Chairman, President and Chief Executive Officer of the Company.&#160; The material changes from Mr.&#160;Tilly&#8217;s prior employment agreement, which was dated May 16, 2019, include:&#160;<span style="white-space:pre-wrap;">     </span></p><p style="font-family:'Times New Roman';font-size:12pt;text-indent:36pt;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;">(a) establishing a new employment term lasting until December&#160;31, 2022, which term will continue to be subject to automatic subsequent one-year renewal periods in the absence of notice from the parties (each a &#8220;Renewal Period&#8221;); </p><p style="font-family:'Times New Roman';font-size:12pt;text-indent:36pt;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="white-space:pre-wrap;">(b) providing for an annual base salary of $1,265,000, a 2020 target annual bonus of $2,087,250 payable in cash, and a 2020 target annual equity incentive compensation award with a value of $4,700,000;  </span></p><p style="font-family:'Times New Roman';font-size:12pt;text-indent:36pt;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="white-space:pre-wrap;">(c) in the event of Mr. Tilly&#8217;s termination without cause or Mr. Tilly&#8217;s termination for good reason, providing for, in addition to the other benefits previously disclosed, vesting in full (not pro-rata) of Mr. Tilly&#8217;s then outstanding performance-based restricted stock unit awards (&#8220;PSUs&#8221;) at actual performance achieved; and  </span></p><p style="font-family:'Times New Roman';font-size:12pt;text-indent:36pt;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="white-space:pre-wrap;">(d) in the event of Mr. Tilly&#8217;s voluntary termination without good reason, providing for: (i) payment of accrued but unpaid base salary through the date of termination; (ii) if not already paid prior to termination, payment of bonus equal to the bonus that Mr. Tilly would have received for the calendar year prior to which termination occurs, based on actual performance; (iii) if termination is on or after January 1, 2023, vesting in full (not pro-rata) of outstanding PSUs granted prior to January 1, 2023, at actual performance achieved; and (iv) if termination is after the completion of a Renewal Period, vesting in full (not pro-rata) of outstanding PSUs granted during such Renewal Period, at actual applicable performance achieved.      </span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;">&#160;<span style="white-space:pre-wrap;">  </span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;">The foregoing description of the Agreement is only a summary and is qualified in its entirety by the full text of the Agreement, which is filed as Exhibit&#160;10.1 to this Current Report on Form&#160;8-K and incorporated herein by reference. </p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;">&#160; </p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><i style="font-style:italic;">CEO Award Agreements</i> </p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">&#160; </p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="white-space:pre-wrap;">On February 11, 2020, the Board of Directors of the Company approved forms of Performance-Based Restricted Stock Unit Award Agreements (the &#8220;Award Agreements&#8221;) for Mr. Tilly expected to be granted under the Second Amended and Restated Cboe Global Markets, Inc. (f/k/a CBOE Holdings, Inc.) Long-Term Incentive Plan.  The material changes from Mr.&#160;Tilly&#8217;s outstanding granted PSUs, include: &#160;&#160; &#160; &#160;</span><span style="white-space:pre-wrap;">    </span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:14pt 0pt 0pt 0pt;">(a) in the event of Mr. Tilly&#8217;s retirement or voluntary termination of service on or after January 1, 2023, providing for vesting in full (not pro-rata) at actual performance achieved; and</p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:14pt 0pt 0pt 0pt;">(b) in the event of Mr. Tilly&#8217;s termination without cause or Mr. Tilly&#8217;s termination for good reason at any time, providing for vesting in full (not pro-rata) at actual performance achieved.</p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:14pt 0pt 0pt 0pt;"><span style="white-space:pre-wrap;"> The foregoing description of the Award Agreements is only a summary and is qualified in its entirety by the full text of the Award Agreements, which are filed herewith as Exhibits 10.2 and 10.3 and are incorporated herein by reference</span>.<span style="font-size:12pt;white-space:pre-wrap;">               </span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">&#8203;</span></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:79.3%;border:0;margin:30pt 10.35% 30pt 10.35%;"></div><div style="max-width:100%;padding-left:10.35%;padding-right:10.35%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">ITEM&#160;9.01&#160;&#160;&#160;FINANCIAL STATEMENTS AND EXHIBITS.</b></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:48pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:24pt;margin:0pt;">(d)&#160;Exhibits</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">&#160;</p><table style="border-collapse:collapse;border:0;"><tr><td style="width:40pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:32pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin-bottom:0pt;margin-top:0pt;"><span style="font-size:10pt;">10.1</span></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin-bottom:0pt;margin-top:0pt;"><a href="ex-10d1.htm"><span style="font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Employment Agreement, by and between Cboe Global Markets, Inc. and Edward T. Tilly, dated February 11, 2020</span></a><span style="font-size:10pt;white-space:pre-wrap;"> (filed herewith).*  </span></p></td></tr></table><p style="font-family:'Times New Roman';font-size:12pt;padding-left:32pt;text-indent:-32pt;margin:0pt 0pt 0pt 40pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-left:0pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><table style="border-collapse:collapse;border:0;"><tr><td style="width:40pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:32pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin-bottom:0pt;margin-top:0pt;"><span style="font-size:10pt;">10.2</span></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin-bottom:0pt;margin-top:0pt;"><a href="ex-10d2.htm"><span style="font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Form of 2020 Restricted Stock Unit Award Agreement for Edward T. Tilly (relative total shareholder return)</span></a><span style="font-size:10pt;"> (filed herewith).* </span></p></td></tr></table><p style="font-family:'Times New Roman';font-size:12pt;padding-left:32pt;text-indent:-32pt;margin:0pt 0pt 0pt 40pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-left:0pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><table style="border-collapse:collapse;border:0;"><tr><td style="width:40pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:32pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin-bottom:0pt;margin-top:0pt;"><span style="font-size:10pt;">10.3</span></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin-bottom:0pt;margin-top:0pt;"><a href="ex-10d3.htm"><span style="font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Form of 2020 Restricted Stock Unit Award Agreement for Edward T. Tilly (earnings per share)</span></a><span style="font-size:10pt;"> (filed herewith).*</span></p></td></tr></table><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">&#160; </p><p style="font-family:'Times New Roman';font-size:10pt;padding-left:32pt;text-indent:-32pt;margin:0pt 0pt 0pt 40pt;"><span style="display:inline-block;text-indent:0pt;width:32pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">104</span></span>Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).<span style="display:inline-block;width:26.74pt;"></span> </p><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;margin-bottom:5pt;margin-top:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">*Indicates Management Compensatory Plan, Contract or Arrangement. </p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">&#8203;</span></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:79.3%;border:0;margin:30pt 10.35% 30pt 10.35%;"></div><div style="max-width:100%;padding-left:10.35%;padding-right:10.35%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">SIGNATURES</b></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="white-space:pre-wrap;">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.    </span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:49.18%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:bottom;width:3.38%;margin:0pt;padding:0pt 2pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;width:47.42%;margin:0pt;padding:0pt 2pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td></tr><tr><td style="vertical-align:bottom;width:49.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:bottom;width:50.81%;margin:0pt;padding:0pt 2pt 0pt 0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">CBOE GLOBAL MARKETS, INC.</b></p></td></tr><tr><td style="vertical-align:bottom;width:49.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:bottom;width:50.81%;margin:0pt;padding:0pt 2pt 0pt 0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">(Registrant)</p></td></tr><tr><td style="vertical-align:bottom;width:49.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:bottom;width:50.81%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td></tr><tr><td style="vertical-align:bottom;width:49.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.38%;margin:0pt;padding:0pt 2pt 0pt 0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">By:</p></td><td style="vertical-align:bottom;width:47.42%;border-bottom:1.0pt solid #000000;margin:0pt;padding:0pt 2pt 0pt 0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">/s/ Brian N. Schell</p></td></tr><tr><td style="vertical-align:bottom;width:49.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:47.42%;margin:0pt;padding:0pt 2pt 0pt 0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Brian N. Schell</p></td></tr><tr><td style="vertical-align:bottom;width:49.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:47.42%;margin:0pt;padding:0pt 2pt 0pt 0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Executive Vice President, Chief</p></td></tr><tr><td style="vertical-align:bottom;width:49.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:47.42%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Financial Officer and Treasurer</p></td></tr><tr><td style="vertical-align:bottom;width:49.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:47.42%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td></tr><tr><td style="vertical-align:bottom;width:49.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:47.42%;margin:0pt;padding:0pt 2pt 0pt 0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Dated: February 14, 2020</p></td></tr></table><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;margin-left:10.35%;margin-right:10.35%;margin-top:30pt;page-break-after:avoid;width:79.3%;border:0;"></div></body></html>
[{"type": "8-K", "sequence": "1", "filename": "cboe-20200211x8k5a2139d.htm", "description": "8-K", "secsgml_size_bytes": 40466}]
{"company-data": {"conformed-name": "Cboe Global Markets, Inc.", "cik": "0001374310", "assigned-sic": "6200", "irs-number": "205446972", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-34774", "film-number": "20620773"}, "business-address": {"street1": "400 SOUTH LASALLE", "city": "CHICAGO", "state": "IL", "zip": "60605", "phone": "312 786 7200"}, "mail-address": {"street1": "400 SOUTH LASALLE", "city": "CHICAGO", "state": "IL", "zip": "60605"}, "former-company": {"former-conformed-name": "CBOE Holdings, Inc.", "date-changed": "20060831"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
​
​
Form
8-K
​
​
CURRENT REPORT
​
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
​
Date of Report (Date of earliest event reported):
February 11, 2020
​
Cboe Global Markets, Inc.
(Exact name of registrant as specified in its charter)
​
Delaware
(State or other jurisdiction of incorporation)
​
001-34774
20-5446972
(Commission File Number)
(IRS Employer Identification No.)
​
400 South LaSalle Street
Chicago
,
Illinois
60605
(Address and Zip Code of Principal Executive Offices)
​
Registrant's telephone number, including area code
(
312
)
786-5600
​
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
​
☐
Written communications pursuant to Rule 425 under the Securities Act (16 CFR 230.425)
​
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (16 CFR 240.14a-12)
​
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (16 CFR 240.14d-2(b))
​
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
​
Securities registered pursuant to Section 12(b) of the Act:
Title of each class:
Trading Symbol
Name of each exchange on which registered:
Common Stock, par value of $0.01 per share
​
CBOE
​
CboeBZX
​
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
​
Emerging growth company
☐
​
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
​
​
​
​
​
​
Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
​
CEO Employment Agreement
​
Cboe Global Markets, Inc. (the "Company") entered into an amended and restated employment agreement, dated February 11, 2020 (the "Agreement"), with Edward T. Tilly, the Chairman, President and Chief Executive Officer of the Company.  The material changes from Mr. Tilly's prior employment agreement, which was dated May 16, 2019, include:
​
(a) establishing a new employment term lasting until December 31, 2022, which term will continue to be subject to automatic subsequent one-year renewal periods in the absence of notice from the parties (each a "Renewal Period");
​
(b) providing for an annual base salary of $1,265,000, a 2020 target annual bonus of $2,087,250 payable in cash, and a 2020 target annual equity incentive compensation award with a value of $4,700,000;
​
(c) in the event of Mr. Tilly's termination without cause or Mr. Tilly's termination for good reason, providing for, in addition to the other benefits previously disclosed, vesting in full (not pro-rata) of Mr. Tilly's then outstanding performance-based restricted stock unit awards ("PSUs") at actual performance achieved; and
​
(d) in the event of Mr. Tilly's voluntary termination without good reason, providing for: (i) payment of accrued but unpaid base salary through the date of termination; (ii) if not already paid prior to termination, payment of bonus equal to the bonus that Mr. Tilly would have received for the calendar year prior to which termination occurs, based on actual performance; (iii) if termination is on or after January 1, 2023, vesting in full (not pro-rata) of outstanding PSUs granted prior to January 1, 2023, at actual performance achieved; and (iv) if termination is after the completion of a Renewal Period, vesting in full (not pro-rata) of outstanding PSUs granted during such Renewal Period, at actual applicable performance achieved.
The foregoing description of the Agreement is only a summary and is qualified in its entirety by the full text of the Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
CEO Award Agreements
On February 11, 2020, the Board of Directors of the Company approved forms of Performance-Based Restricted Stock Unit Award Agreements (the "Award Agreements") for Mr. Tilly expected to be granted under the Second Amended and Restated Cboe Global Markets, Inc. (f/k/a CBOE Holdings, Inc.) Long-Term Incentive Plan.  The material changes from Mr. Tilly's outstanding granted PSUs, include:
(a) in the event of Mr. Tilly's retirement or voluntary termination of service on or after January 1, 2023, providing for vesting in full (not pro-rata) at actual performance achieved; and
(b) in the event of Mr. Tilly's termination without cause or Mr. Tilly's termination for good reason at any time, providing for vesting in full (not pro-rata) at actual performance achieved.
The foregoing description of the Award Agreements is only a summary and is qualified in its entirety by the full text of the Award Agreements, which are filed herewith as Exhibits 10.2 and 10.3 and are incorporated herein by reference
.
​
​
​
​
​
​
​
ITEM 9.01   FINANCIAL STATEMENTS AND EXHIBITS.
​
(d) Exhibits
10.1
Employment Agreement, by and between Cboe Global Markets, Inc. and Edward T. Tilly, dated February 11, 2020
(filed herewith).*
​
10.2
Form of 2020 Restricted Stock Unit Award Agreement for Edward T. Tilly (relative total shareholder return)
(filed herewith).*
​
10.3
Form of 2020 Restricted Stock Unit Award Agreement for Edward T. Tilly (earnings per share)
(filed herewith).*
104
Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).
​
*Indicates Management Compensatory Plan, Contract or Arrangement.
​
​
SIGNATURES
​
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
​
​
​
​
CBOE GLOBAL MARKETS, INC.
​
(Registrant)
​
​
​
By:
/s/ Brian N. Schell
​
​
Brian N. Schell
​
​
Executive Vice President, Chief
​
​
Financial Officer and Treasurer
​
​
​
​
​
Dated: February 14, 2020
​
​