SEC Form 4 · accession 0001127602-18-012692
Yum China Holdings, Inc. · YUMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ted Lee
Officer — GM Little Sheep & East Dawning
Period of report
Mar 21, 2018
Accepted (ET)
Mar 23, 2018 · 7:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001673358
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F4,F2,F3 | — | Mar 21, 2018 | A | 8 | A | — | — | Common Stock | 8 | 3,535 | D |
| Restricted Stock UnitF1,F5,F3 | — | Mar 21, 2018 | A | 11 | A | — | — | Common Stock | 11 | 4,656 | D |
| Restricted Stock UnitF1,F6,F3 | — | Mar 21, 2018 | A | 8 | A | — | — | Common Stock | 8 | 3,732 | D |
Explanation of responses
- F1Conversion occurs on a one-for-one basis.
- F2These 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 25% on the first two anniversaries of the grant date and the remaining 50% will vest on the third anniversary of 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.
- F3This grant does not have an expiration date.
- F4Amount reported includes 39 shares related to a dividend paid in 2016 that were previously inadvertently omitted from the reporting person's Section 16 forms.
- F5These 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 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of 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.
- F6These 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 100% on the third anniversary of 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.