SEC Form 4 · accession 0001127602-18-028108
Yum China Holdings, Inc. · YUMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jacky Wei-Jye Lo
Officer — CFO, Treasurer
Period of report
Sep 19, 2018
Accepted (ET)
Sep 20, 2018 · 6:21 am 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,F2,F3 | — | Sep 19, 2018 | A | 2 | A | — | — | Common Stock | 2 | 879 | D |
| Restricted Stock UnitF1,F4,F3 | — | Sep 19, 2018 | A | 31 | A | — | — | Common Stock | 31 | 11,005 | 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 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.
- F3This grant does not have an expiration date.
- F4These 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.