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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Yum China Holdings Inc | NYSE:YUMC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 31.46 | 937 | 09:08:08 |
Delaware
|
001-37762
|
81-2421743
|
||
(State or other jurisdiction of
incorporation or organization)
|
(Commission
File Number)
|
(I.R.S. Employer
Identification No.)
|
7100 Corporate Drive
Plano, Texas 75024
United States of America
|
Yum China Building
20 Tian Yao Qiao Road
Shanghai 200030
People’s Republic of China
|
|
(Address, including zip code, of principal executive offices)
|
☐
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐
|
Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
|
☐
|
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
|
☐
|
Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
|
Title of each class
|
Trading
Symbol(s)
|
Name of each exchange
on which registered
|
||
Common Stock, par value $0.01 per share
|
YUMC
|
New York Stock Exchange
|
Item 5.02
|
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
|
• |
an amount equal to the “Severance Multiple” multiplied by the sum of (x) such Participant’s monthly base salary in effect immediately prior to a Qualifying Termination (or prior to any reduction for purposes of Good Reason) and (y) 1/12 of the greater of such Participant’s target annual cash bonus for the calendar year in which the Qualifying Termination occurs and the most recent annual cash bonus paid to the Participant, with such amounts payable over the
12-month
period following the Participant’s termination of employment. The Severance Multiple is 30 for the CEO and 24 for Messrs. Yeung, Huang and Tan;
|
• | any accrued, but unpaid as of the date of the Qualifying Termination, annual cash bonus for any completed fiscal year preceding a Qualifying Termination, to be paid within 60 days of the Qualifying Termination; |
• | accrued benefits under any retirement plan or health or welfare plan; |
• |
if permitted by the terms of the Company’s health plan and applicable law, continued health insurance coverage, subsidized by the Company at active employee rates, through the earlier of the
one-year
anniversary of the Participant’s termination of employment and the Participant becoming eligible for health insurance coverage under another employer’s plan; and
|
• |
outplacement services, in an aggregate cost to the Company not to exceed $25,000, for a
one-year
period (or, if earlier, until the Participant accepts an offer of employment).
|
Item 9.01
|
Financial Statements and Exhibits.
|
(d) | Exhibits |
Exhibit
No.
|
Exhibit Description
|
|||
10.1
|
||||
104
|
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
|
YUM CHINA HOLDINGS, INC.
|
||
By:
|
/s/ Joseph Chan
|
|
Name:
|
Joseph Chan
|
|
Title:
|
Chief Legal Officer
|
1 Year Yum China Chart |
1 Month Yum China Chart |
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