Yum China Holdings (YUMC) has released an update.
Yum China Holdings has appointed Mikel A. Durham as a new director and compensated her with 3,978 shares under the 2022 Long Term Incentive Plan, which are subject to a minimum one-year vesting period and a 12-month holding period post-retirement. The shares, granted as annual retainers without performance targets, were valued at US$32.99 on the New York Stock Exchange and HK$261.20 on the Hong Kong Stock Exchange as of the grant date. Following the grant, 27,084,985 shares remain available for future grants under the incentive plan.
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