Joseph Chan - 03 Sep 2022 Form 4 Insider Report for Yum China Holdings, Inc. (YUMC)

Role: Chief Legal Officer
Signature: /s/ Pingping Liu, Power of Attorney
Issuer symbol: YUMC
Transactions as of: 03 Sep 2022
Net transactions value: -$58,173
Form type: 4
Filing time: 06 Sep 2022, 21:17:11 UTC
Previous filing: 23 Jun 2022
Next filing: 19 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUMC	Common Stock	Options Exercise	$0	+3,590	+77%	$0.000000	8,279	03 Sep 2022	Direct	F1
transaction	YUMC	Common Stock	Tax liability	$58,173	-1,217	-15%	$47.80	7,062	03 Sep 2022	Direct

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	Options Exercise	$0	-3,590	-100%	$0.000000^*	0	03 Sep 2022	Common Stock	3,590		Direct	F1, F2, F3

* 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	Vesting occurs 1/3 per year beginning one year from 9/3/2019.
F3	This grant does not have an expiration date.