Joey Wat - May 11, 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 11, 2023
Transactions value $: -$5,894,717
Form type: 4
Date filed: 5/15/2023, 08:38 AM
Previous filing: May 12, 2023
Next filing: Jun 22, 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	$87.2K	+3.91K	+1.53%	$22.32	259K	May 11, 2023	Direct
transaction	YUMC	Common Stock	Options Exercise	$772K	+32.3K	+12.47%	$23.90	291K	May 11, 2023	Direct
transaction	YUMC	Common Stock	Options Exercise	$870K	+41.3K	+14.18%	$21.06	333K	May 11, 2023	Direct
transaction	YUMC	Common Stock	Options Exercise	$1.32M	+48.8K	+14.68%	$26.98	382K	May 11, 2023	Direct
transaction	YUMC	Common Stock	Options Exercise	$839K	+31.6K	+8.28%	$26.56	413K	May 11, 2023	Direct
transaction	YUMC	Common Stock	Sale	-$155K	-2.5K	-0.6%	$61.94	411K	May 11, 2023	Direct	F1
transaction	YUMC	Common Stock	Sale	-$1.23M	-19.8K	-4.83%	$61.94	391K	May 11, 2023	Direct	F1
transaction	YUMC	Common Stock	Sale	-$1.69M	-27.3K	-6.98%	$61.94	364K	May 11, 2023	Direct	F1
transaction	YUMC	Common Stock	Sale	-$1.71M	-27.6K	-7.58%	$61.94	336K	May 11, 2023	Direct	F1
transaction	YUMC	Common Stock	Sale	-$1.12M	-18K	-5.37%	$61.94	318K	May 11, 2023	Direct	F1
transaction	YUMC	Common Stock	Disposed to Issuer	-$87.2K	-1.41K	-0.44%	$61.90	317K	May 11, 2023	Direct
transaction	YUMC	Common Stock	Disposed to Issuer	-$772K	-12.5K	-3.94%	$61.90	304K	May 11, 2023	Direct
transaction	YUMC	Common Stock	Disposed to Issuer	-$870K	-14.1K	-4.62%	$61.90	290K	May 11, 2023	Direct
transaction	YUMC	Common Stock	Disposed to Issuer	-$1.32M	-21.3K	-7.34%	$61.90	269K	May 11, 2023	Direct
transaction	YUMC	Common Stock	Disposed to Issuer	-$839K	-13.6K	-5.04%	$61.90	255K	May 11, 2023	Direct

Showing 1 to 15 of 15 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	-3.91K	-100%	$0.00^*	0	May 11, 2023	Common Stock	3.91K	$22.32	Direct	F2
transaction	YUMC	Stock Appreciation Right	Options Exercise	$0	-32.3K	-100%	$0.00^*	0	May 11, 2023	Common Stock	32.3K	$23.90	Direct	F2
transaction	YUMC	Stock Appreciation Right	Options Exercise	$0	-41.3K	-100%	$0.00^*	0	May 11, 2023	Common Stock	41.3K	$21.06	Direct	F2
transaction	YUMC	Stock Appreciation Right	Options Exercise	$0	-48.8K	-100%	$0.00^*	0	May 11, 2023	Common Stock	48.8K	$26.98	Direct	F2
transaction	YUMC	Stock Appreciation Right	Options Exercise	$0	-31.6K	-28.25%	$0.00	80.2K	May 11, 2023	Common Stock	31.6K	$26.56	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 $62.04. 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.