SEC Filing | Yum China Holdings, Inc.

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SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

HUANG Duoduo (Howard)

(Last)

(First)

(Middle)

YUM CHINA BUILDING

20 TIAN YAO QIAO ROAD

(Street)

SHANGHAI

200030

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/24/2023

3. Issuer Name and Ticker or Trading Symbol
Yum China Holdings, Inc. [ YUMC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Supply Chain Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	277	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Appreciation Right	⁽¹⁾	02/05/2024	Common Stock	7,076	21.3	D
Stock Appreciation Right	⁽¹⁾	02/05/2026	Common Stock	10,408	21.6	D
Stock Appreciation Right	⁽¹⁾	02/06/2025	Common Stock	10,225	22.32	D
Stock Appreciation Right	⁽¹⁾	02/10/2027	Common Stock	7,638	26.56	D
Stock Appreciation Right	⁽¹⁾	02/09/2028	Common Stock	5,785	40.29	D
Stock Appreciation Right	⁽²⁾	02/07/2030	Common Stock	6,438	42.71	D
Stock Appreciation Right	⁽³⁾	02/10/2032	Common Stock	9,645	50.16	D
Stock Appreciation Right	⁽⁴⁾	02/05/2031	Common Stock	6,411	57.39	D
Stock Appreciation Right	⁽¹⁾	02/07/2029	Common Stock	10,479	41.66	D
Restricted Stock Unit	⁽⁵⁾	⁽⁶⁾	Common Stock	907	⁽⁷⁾	D
Restricted Stock Unit	⁽⁸⁾	⁽⁶⁾	Common Stock	6,042	⁽⁷⁾	D
Restricted Stock Unit	⁽⁹⁾	⁽⁶⁾	Common Stock	4,828	⁽⁷⁾	D
Restricted Stock Unit	⁽¹⁰⁾	⁽⁶⁾	Common Stock	4,828	⁽⁷⁾	D

Explanation of Responses:

1. Vested in full.

2. Vesting occurs 25% per year beginning one year from 02/07/2020.

3. Vesting occurs 25% per year beginning one year from 02/10/2022.

4. Vesting occurs 25% per year beginning one year from 02/05/2021.

5. Vesting occurs 25% per year beginning one year from 02/10/2022.

6. This grant does not have an expiration date.

7. Conversion occurs on a one-for-one basis.

8. Vesting occurs 50% on the second anniversary of 02/10/2022 and the remaining 50% vesting occurs on the third anniversary of 02/10/2022.

9. Vesting occurs 1/3 per year beginning one year from 2/9/2023.

10. Vesting occurs 50% on the second anniversary of 02/09/2023 and the remaining 50% vesting occurs on the third anniversary of 02/09/2023.

	/s/ Pingping Liu, Power of Attorney	03/06/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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