MarketAxess Holdings Inc. (NASDAQ:MKTX) Files An 8-K Other Events

0

MarketAxess Holdings Inc. (NASDAQ:MKTX) Files An 8-K Other Events

Item8.01

Other Events

Effective as of April19, 2017, MarketAxess Holdings Inc. (the
Company) amended the MarketAxess Holdings Inc. 2012
Incentive Plan (Amended and Restated Effective June7, 2016) (the
Plan) to change the Plans minimum vesting requirements and
clarify the dividend entitlement provision. to the amendment,
subject to the limited exceptions provided in the Plan, full
value awards that vest based on continued service and
appreciation awards (including stock options and stock
appreciation rights) will commence vesting on or after the first
anniversary of the date of grant (the First Anniversary
Date
) as to (x)one-third of the common stock subject to the
award as of the First Anniversary Date, and (y)no more than an
additional one-third of the common stock subject to the award as
of each anniversary following the First Anniversary Date,
measured on a cumulative basis. The amendment does not affect the
exception in the Plan permitting the Company to grant awards not
subject to these limitations with respect to up to five percent
of the total number of shares subject to the Plan. However, the
amendment eliminated the exception that permitted the Company to
grant awards not subject to these restrictions to non-employee
directors annually or upon initial election or appointment to the
Board of Directors. In addition, the amendment to the Plan
expressly clarified that any entitlement to dividends and
dividend equivalents with respect to an award under the Plan
(including any full value or appreciation award) will be subject
to the same vesting and/or forfeiture conditions as are
applicable to the underlying common stock subject to the award.

The foregoing description of the amendment to the Plan does not
purport to be complete and is qualified in its entirety by
reference to the full text of the amendment, which is attached
hereto as Exhibit 10.1 and is incorporated by reference herein

Item9.01 Financial Statements and Exhibits
(d) Exhibits:
10.1 Amendment Number One to the MarketAxess Holdings Inc. 2012
Incentive Plan as Amended and Restated Effective June7, 2016.

2


About MarketAxess Holdings Inc. (NASDAQ:MKTX)

MarketAxess Holdings Inc. (MarketAxess) is an electronic trading platform. The Company operates as an electronic multi-party platform for the trading of fixed-income securities and provides related data, analytics, compliance tools and post-trade services. The Company’s multi-dealer trading platform allows its institutional investor clients to request bids or offers from its broker-dealer clients and execute trades with the broker-dealer of their choice from among those that choose to respond. The Company offers its broker-dealer clients a solution that allows them to reach institutional investor clients for the distribution and trading of bonds. The Company’s trading platform provides access to global liquidity in the United States high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, the United States agency bonds, credit derivatives and other fixed-income securities.

MarketAxess Holdings Inc. (NASDAQ:MKTX) Recent Trading Information

MarketAxess Holdings Inc. (NASDAQ:MKTX) closed its last trading session down -0.70 at 184.60 with 80,033 shares trading hands.