Tracy L. Skeans - Jul 30, 2021 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role: COO and CPO
Signature: /s/ M. Gayle Hobson, POA
Stock symbol: YUM
Transactions as of: Jul 30, 2021
Transactions value $: -$2,441,749
Form type: 4
Date filed: 8/2/2021, 09:19 PM
Previous filing: Jul 28, 2021
Next filing: Feb 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUM	Common Stock	Options Exercise	$503K	+10.1K	+95.65%	$49.66	20.7K	Jul 30, 2021	Direct	F1
transaction	YUM	Common Stock	Disposed to Issuer	-$503K	-3.86K	-18.63%	$130.31	16.9K	Jul 30, 2021	Direct	F1
transaction	YUM	Common Stock	Sale	-$810K	-6.27K	-37.19%	$129.19	10.6K	Jul 30, 2021	Direct	F1
transaction	YUM	Common Stock	Options Exercise	$252K	+5.07K	+47.81%	$49.66	15.7K	Jul 30, 2021	Direct	F1
transaction	YUM	Common Stock	Disposed to Issuer	-$252K	-1.93K	-12.33%	$130.31	13.7K	Jul 30, 2021	Direct	F1
transaction	YUM	Common Stock	Sale	-$405K	-3.13K	-22.83%	$129.19	10.6K	Jul 30, 2021	Direct	F1
transaction	YUM	Common Stock	Options Exercise	$756K	+15.2K	+143.63%	$49.66	25.8K	Jul 30, 2021	Direct	F1
transaction	YUM	Common Stock	Disposed to Issuer	-$756K	-5.8K	-22.47%	$130.31	20K	Jul 30, 2021	Direct	F1
transaction	YUM	Common Stock	Sale	-$1.23M	-9.42K	-47.06%	$130.22	10.6K	Jul 30, 2021	Direct	F1
holding	YUM	Common Stock						2.1K	Jul 30, 2021	401(k) Plan

Showing 1 to 10 of 10 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	YUM	Stock Appreciation Right	Options Exercise	$0	-10.1K	-26.05%	$0.00	28.8K	Jul 30, 2021	Common Stock	10.1K	$49.66	Direct	F1, F2
transaction	YUM	Stock Appreciation Right	Options Exercise	$0	-5.07K	-17.61%	$0.00	23.7K	Jul 30, 2021	Common Stock	5.07K	$49.66	Direct	F1, F2
transaction	YUM	Stock Appreciation Right	Options Exercise	$0	-15.2K	-64.2%	$0.00	8.49K	Jul 30, 2021	Common Stock	15.2K	$49.66	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to 10b5-1 Plan
F2	Vesting occurs 25% per year beginning one year from grant date.