Hu Fred 4
4 · Yum China Holdings, Inc. · Filed Jun 4, 2019
Insider Transaction Report
Form 4
Hu Fred
Director
Transactions
- Award
Common Stock, par value $0.01
2019-05-31+7,248→ 26,731 total
Holdings
- 16,364,778(indirect: See Footnote)
Common Stock, par value $0.01
- 7,451,064.81(indirect: See Footnote)
Warrant 1
Exercise: $30.80From: 2017-01-09Exp: 2021-11-01→ Common Stock, par value $0.01 per share (7,451,064.81 underlying) - 7,451,064.81(indirect: See Footnote)
Warrant 2
Exercise: $38.50From: 2017-01-09Exp: 2021-11-01→ Common Stock, par value $0.01 per share (7,451,064.81 underlying)
Footnotes (2)
- [F1]The common stock is held directly by Pollos Investment L.P. ("Pollos Investment") and the warrants are held directly by Pollos Upside L.P. ("Pollos Upside"). The limited partnership interests of both Pollos Investment and Pollos Upside 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.
- [F2]Pursuant to the formula set forth in Section 12 of each of Warrant 1 and Warrant 2, the exercise price and number of shares issuable under each of Warrant 1 and Warrant 2 has been adjusted to reflect dividends declared by the Yum China Holdings, Inc.