David W. Gibbs - 11 Feb 2022 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
11 Feb 2022
Transactions value $
-$1,064,695
Form type
4
Date filed
14 Feb 2022, 11:02
Previous filing
19 Jan 2022
Next filing
13 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Award $0 +22.1K +115.43% $0.00 41.3K 11 Feb 2022 Direct
transaction YUM Common Stock Tax liability -$1.06M -8.72K -21.12% $122.07 32.6K 11 Feb 2022 Direct
holding YUM Common Stock 39.5K 11 Feb 2022 Trust - DWG
holding YUM Common Stock 26.4K 11 Feb 2022 Trust SJG

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 Award $0 +106K $0.00 106K 11 Feb 2022 Common Stock 106K $122.07 Direct F1
transaction YUM Restricted Stock Units Award $0 +23.1K $0.00 23.1K 11 Feb 2022 Common Stock 23.1K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting occurs 25% per year beginning one year from grant date.
F2 Conversion occurs on a one-for-one basis.