Pingping Liu - 17 Dec 2024 Form 4 Insider Report for Yum China Holdings, Inc. (YUMC)

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	YUMC	Restricted Stock Unit	Award	$0	+1	+0.19%	$0.000000	526	17 Dec 2024	Common Stock	1	Direct	F1, F2, F3
transaction	YUMC	Restricted Stock Unit	Award	$0	+2	+0.26%	$0.000000	784	17 Dec 2024	Common Stock	2	Direct	F1, F2, F3
transaction	YUMC	Restricted Stock Unit	Award	$0	+12	+0.31%	$0.000000	3,846	17 Dec 2024	Common Stock	12	Direct	F1, F3, F4

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

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 1/4 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 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.