Chu Mark 4
4 · Yum China Holdings, Inc. · Filed Dec 26, 2017
Insider Transaction Report
Form 4
Chu Mark
Senior Advisor to CEO
Transactions
- Award
Restricted Stock Unit
2017-12-21+34→ 13,994 total→ Common Stock (34 underlying) - Award
Restricted Stock Unit
2017-12-21+33→ 13,933 total→ Common Stock (33 underlying)
Footnotes (4)
- [F1]Conversion occurs on a one-for-one basis.
- [F2]These 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.
- [F3]This grant does not have an expiration date.
- [F4]These 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.