Mark James King - 11 Mar 2022 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role
CEO - Taco Bell
Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
11 Mar 2022
Net transactions value
-$361,199
Form type
4
Filing time
13 Feb 2023, 11:01:24 UTC
Previous filing
14 Feb 2022
Next filing
20 Dec 2023
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 +8,864 +75% $0.000000 20,624 10 Feb 2023 Direct
transaction YUM Common Stock Tax liability $429,778 -3,273 -16% $131.31 17,351 10 Feb 2023 Direct
transaction YUM Common Stock Options Exercise $119,958 +914 +5.3% $131.31 18,264 11 Feb 2023 Direct
transaction YUM Common Stock Tax liability $59,615 -454 -2.5% $131.31 17,810 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 $2,044 +18 +0.49% $116.26 3,603 11 Mar 2022 Common Stock 18 Direct F1, F2, F3
transaction YUM Restricted Stock Units Other $2,054 +18 +0.5% $114.41 3,621 10 Jun 2022 Common Stock 18 Direct F1, F2, F3
transaction YUM Restricted Stock Units Other $2,064 +18 +0.49% $116.09 3,638 09 Sep 2022 Common Stock 18 Direct F1, F2, F3
transaction YUM Restricted Stock Units Other $2,074 +16 +0.45% $127.71 3,655 09 Dec 2022 Common Stock 16 Direct F1, F2, F3
transaction YUM Stock Appreciation Right Award $0 +16,706 $0.000000 16,706 10 Feb 2023 Common Stock 16,706 $131.31 Direct F2
transaction YUM Restricted Stock Units Award $0 +3,808 $0.000000 3,808 10 Feb 2023 Common Stock 3,808 $131.31 Direct F2, F3
transaction YUM Restricted Stock Units Options Exercise $0 -914 -25% $0.000000 2,741 11 Feb 2023 Common Stock 914 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. Vesting occurs upon distribution date of grant, that is 4 years from grant date.
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.