---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-019469"
form_type: "8-K"
ticker: "YUMC"
cik: "0001673358"
company_name: "Yum China Holdings, Inc."
filed_at: "2022-10-12T23:59:59+00:00"
generated_at: "2026-06-23T04:06:58.301649+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Yum China shareholders approve 2022 LTIP and HKEX primary conversion; effective Oct 24

## Summary
- Special meeting on Oct 11 approved issuance authority up to 20% of outstanding shares and repurchase authority up to 10%.
- 2022 Long Term Incentive Plan approved, replacing 2016 LTIP; authorized up to 31M shares or 10% of outstanding.
- Primary conversion of HKEX listing from secondary to primary expected effective Oct 24, 2022.
- 2022 LTIP uses fungible share counting: Full Value Awards count 2:1, stock options/SARs 1:1 against reserve.
- Votes: 2022 LTIP received 292.8M for, 20.7M against; repurchase authority 312.0M for, 1.5M against.

## SEC filing metadata
- accession: 0000950170-22-019469
- form_type: 8-K
- ticker: YUMC
- cik: 0001673358
- company_name: Yum China Holdings, Inc.
- filed_at: 2022-10-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673358/000095017022019469/0000950170-22-019469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673358/000095017022019469/yumc-20221011.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-019469
- JSON: https://secwatch.observer/filing/0000950170-22-019469.json
- Plain text: https://secwatch.observer/filing/0000950170-22-019469.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.