Joseph Chan - Jun 18, 2021 Form 4 Insider Report for Yum China Holdings, Inc. (YUMC)

Role
Chief Legal Officer
Signature
/s/ Pingping Liu, Power of Attorney
Stock symbol
YUMC
Transactions as of
Jun 18, 2021
Transactions value $
$0
Form type
4
Date filed
6/22/2021, 08:39 AM
Next filing
Sep 7, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction YUMC Restricted Stock Unit Award $0 +12 +0.17% $0.00 6.98K Jun 18, 2021 Common Stock 12 Direct F1, F2, F3
transaction YUMC Restricted Stock Unit Award $0 +47 +0.18% $0.00 26.2K Jun 18, 2021 Common Stock 47 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion occurs on a one-for-one basis.
F2 These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.
F3 This grant does not have an expiration date.
F4 These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 100% on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.