Joey Wat - May 10, 2023 Form 4 Insider Report for Yum China Holdings, Inc. (YUMC)

Role: Chief Executive Officer, Director
Signature: /s/ Pingping Liu, Power of Attorney
Stock symbol: YUMC
Transactions as of: May 10, 2023
Transactions value $: -$173,422
Form type: 4
Date filed: 5/12/2023, 09:32 AM
Previous filing: Mar 30, 2023
Next filing: May 15, 2023
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	$97.7K	+4.38K	+1.72%	$22.32	260K	May 10, 2023	Direct
transaction	YUMC	Common Stock	Sale	-$173K	-2.8K	-1.08%	$61.94	257K	May 10, 2023	Direct	F1
transaction	YUMC	Common Stock	Disposed to Issuer	-$97.7K	-1.58K	-0.62%	$61.90	255K	May 10, 2023	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	-4.38K	-52.86%	$0.00	3.91K	May 10, 2023	Common Stock	4.38K	$22.32	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 $61.90 to $62.02. 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.