Warton Wang - Nov 4, 2022 Form 4 Insider Report for Yum China Holdings, Inc. (YUMC)

Role: General Manager, KFC
Signature: /s/ Pingping Liu, Power of Attorney
Stock symbol: YUMC
Transactions as of: Nov 4, 2022
Transactions value $: -$231,794
Form type: 4
Date filed: 11/8/2022, 07:19 AM
Previous filing: Sep 19, 2022
Next filing: Dec 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUMC	Common Stock	Options Exercise	$143K	+7.54K	+547.89%	$19.00	8.92K	Nov 4, 2022	Direct
transaction	YUMC	Common Stock	Sale	-$232K	-4.67K	-52.34%	$49.68	4.25K	Nov 4, 2022	Direct	F1
transaction	YUMC	Common Stock	Disposed to Issuer	-$143K	-2.87K	-67.62%	$49.86	1.38K	Nov 4, 2022	Direct

Showing 1 to 3 of 3 entries

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	Stock Appreciation Right	Options Exercise	$0	-7.54K	-100%	$0.00^*	0	Nov 4, 2022	Common Stock	7.54K	$19.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $49.63 to $49.73. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F2	Vested in full.