Christopher Lee Turner - 11 Mar 2022 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role: Chief Financial Officer
Signature: /s/ M. Gayle Hobson, POA
Issuer symbol: YUM
Transactions as of: 11 Mar 2022
Net transactions value: -$502,533
Form type: 4
Filing time: 13 Feb 2023, 10:44:37 UTC
Previous filing: 14 Feb 2022
Next filing: 01 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUM	Common Stock	Award	$0	+11,819	+133%	$0.000000	20,702	10 Feb 2023	Direct
transaction	YUM	Common Stock	Tax liability	$617,026	-4,699	-23%	$131.31	16,003	10 Feb 2023	Direct
transaction	YUM	Common Stock	Options Exercise	$171,273	+1,304	+8.2%	$131.31	17,308	11 Feb 2023	Direct
transaction	YUM	Common Stock	Tax liability	$68,544	-522	-3%	$131.31	16,786	11 Feb 2023	Direct

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	Restricted Stock Units	Other	$2,919	+25	+0.49%	$116.26	5,146	11 Mar 2022	Common Stock	25		Direct	F1, F2, F3
transaction	YUM	Restricted Stock Units	Other	$2,933	+26	+0.5%	$114.41	5,172	10 Jun 2022	Common Stock	26		Direct	F1, F2, F3
transaction	YUM	Restricted Stock Units	Other	$2,948	+25	+0.49%	$116.09	5,197	09 Sep 2022	Common Stock	25		Direct	F1, F2, F3
transaction	YUM	Restricted Stock Units	Other	$2,963	+23	+0.45%	$127.71	5,220	09 Dec 2022	Common Stock	23		Direct	F1, F2, F3
transaction	YUM	Stock Appreciation Right	Award	$0	+22,971		$0.000000	22,971	10 Feb 2023	Common Stock	22,971	$131.31	Direct	F2
transaction	YUM	Restricted Stock Units	Award	$0	+5,236		$0.000000	5,236	10 Feb 2023	Common Stock	5,236	$131.31	Direct	F2, F3
transaction	YUM	Restricted Stock Units	Options Exercise	$0	-1,304	-25%	$0.000000	3,916	11 Feb 2023	Common Stock	1,304		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock
F2	Vesting occurs 25% per year beginning one year from grant date.
F3	The final distribution under this grant will occur four years from the grant date. There are no specified expiration dates for this grant.