Yum China (YUMC) Form 3 Yum China / Leila Zhang ownership change

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^*

Zhang Leila

(Last) (First) (Middle)

YUM CHINA BUILDING

20 TIAN YAO QIAO ROAD

(Street)

SHANGHAI F4 200030

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/27/2020

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 Technology 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	2,634	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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	(2)	Common Stock	3,806	(3)	D
Restricted Stock Unit	(1)	(2)	Common Stock	3,640	(3)	D
Stock Appreciation Right	(4)	02/06/2023	Common Stock	1,823	19	D
Stock Appreciation Right	(4)	02/05/2024	Common Stock	7,534	21.3	D
Stock Appreciation Right	(4)	02/06/2025	Common Stock	15,222	22.32	D
Stock Appreciation Right	(4)	02/05/2026	Common Stock	13,876	21.06	D
Stock Appreciation Right	(5)	02/10/2027	Common Stock	20,492	26.56	D
Stock Appreciation Right	(6)	02/09/2028	Common Stock	11,094	40.29	D
Stock Appreciation Right	(7)	02/07/2029	Common Stock	11,166	41.66	D
Stock Appreciation Right	(8)	02/07/2030	Common Stock	15,714	42.71	D

Explanation of Responses:

1. Vesting occurs 100% on the third anniversary of the grant date.

2. This grant does not have an expiration date.

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

4. Vested in full.

5. Vesting occurs 25% per year beginning one year from 02/10/2017.

6. Vesting occurs 25% per year beginning one year from from 02/09/2018.

7. Vesting occurs 25% per year beginning one year from 02/07/2019.

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

	/s/ Pingping Liu, Power of Attorney	03/03/2020
	** 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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