(Address of principal executive offices and zip code)
+i44i20i7260
2000
(Registrant's telephone number, including area code)
Former name or former address, if changed since last report: Not Applicable
______________________
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:
i☐Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i☐Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR240.13e-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
iCommon Shares, $0.01 par value per share
iINFO
iNew
York Stock Exchange
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) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
Emerging growth company i☐
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. o
ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officer.
The Human Resources Committee (the “Committee”) of the Board of Directors of IHS Markit Ltd. (the “Company”) previously approved performance
measures under the Company’s 2020 fiscal year cash incentive plan (the “2020 CIP”) for the Company’s executive team, including its named executive officers. On January 14, 2021, the Committee exercised its discretion to approve payouts under the 2020 CIP at 86.5% of target, after adjusting the 2020 CIP performance measures in order to reflect cancellation of corporate events during the 2020 fiscal year as a result of the COVID-19 pandemic. The exercise of discretion was intended to recognize the Company’s executive team’s successful leadership during the COVID-19 pandemic, including with respect to expense management,
employee and customer management, continued product development and maintaining shareholder confidence. These adjustments are generally consistent with adjustments previously approved by the Committee for non-executive team participants in the 2020 CIP.
ITEM 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
Description
101
Cover
Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
104
The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.
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 thereunto duly authorized.