4/A//SEC Filing
Yang William Wang 4/A
Accession 0000894579-23-000161
CIK 0001673358other
Filed
May 7, 8:00 PM ET
Accepted
May 8, 1:59 PM ET
Size
6.9 KB
Accession
0000894579-23-000161
Insider Transaction Report
Form 4/AAmended
Yang William Wang
Director
Transactions
- Sale
Common Stock, $0.01 par value
2023-05-04$62.31/sh−1,136,016$70,785,157→ 12,035,635 total(indirect: See Footnotes)
Holdings
- 34,828
Common Stock, $0.01 par value
Footnotes (2)
- [F1]The common stock is held directly by Pollos Investment L.P. ("Pollos Investment"). The limited partnership interests of Pollos Investment are ultimately owned by a private fund ("Fund") for which an affiliate of the Reporting Person is special limited partner ("Special Limited Partner") and has a contingent right to receive a performance fee. The Reporting Person is a shareholder of the parent company of the general partner of the Special Limited Partner (the "Parent Company") and may be deemed to have pecuniary interest through his indirect entitlement to receive a share of any Fund performance fee. At the request of an ultimate withdrawing limited partner who is not affiliated with the Reporting Person, Pollos Investment sold 1,136,016 shares of common stock of YUM China Holdings, Inc. (the "Transaction") and the proceeds of such sale, after costs and repayment of certain liabilities of Pollos Investment, were distributed to such withdrawing limited partner.
- [F2]The Reporting Person disclaims beneficial ownership of the securities and derivative instruments held directly by Pollos Investment, including in the shares sold in the Transaction, except to the extent of his pecuniary interest, if any, in such securities or instruments as a result of his interest in the Parent Company, and inclusion in this form shall not otherwise be deemed an admission of beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.
Documents
Issuer
Yum China Holdings, Inc.
CIK 0001673358
Entity typeother
Related Parties
1- filerCIK 0001713245
Filing Metadata
- Form type
- 4/A
- Filed
- May 7, 8:00 PM ET
- Accepted
- May 8, 1:59 PM ET
- Size
- 6.9 KB