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* Wang Warton (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) 05/01/2022	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) General Manager, KFC	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	1,376	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	1,799	(3)	D
Stock Appreciation Right	(4)	02/06/2023	Common Stock	7,539	19	D
Stock Appreciation Right	(4)	02/05/2024	Common Stock	7,305	21.3	D
Stock Appreciation Right	(4)	02/06/2025	Common Stock	10,225	22.32	D
Stock Appreciation Right	(4)	02/05/2026	Common Stock	14,513	21.06	D
Stock Appreciation Right	(4)	02/10/2027	Common Stock	11,550	26.56	D
Stock Appreciation Right	(4)	02/09/2028	Common Stock	6,942	40.29	D
Stock Appreciation Right	(5)	02/07/2029	Common Stock	10,479	41.66	D
Stock Appreciation Right	(6)	02/07/2030	Common Stock	6,438	42.71	D
Stock Appreciation Right	(7)	02/05/2031	Common Stock	12,040	57.39	D
Stock Appreciation Right	(1)	02/10/2032	Common Stock	14,468	50.16	D

Explanation of Responses:

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

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 02/07/2019.

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

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

	/s/ Pingping Liu, Power of Attorney	05/09/2022
	** 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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