David W. Gibbs - Oct 16, 2023 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role: Chief Executive Officer, Director
Signature: /s/ M. Gayle Hobson, POA
Stock symbol: YUM
Transactions as of: Oct 16, 2023
Transactions value $: -$412,309
Form type: 4
Date filed: 10/17/2023, 10:26 AM
Previous filing: Oct 4, 2023
Next filing: Nov 3, 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	Options Exercise	$154K	+3.07K	+5.35%	$50.22	60.4K	Oct 16, 2023	Direct	F1
transaction	YUM	Common Stock	Disposed to Issuer	-$154K	-1.32K	-2.18%	$116.88	59.1K	Oct 16, 2023	Direct	F1
transaction	YUM	Common Stock	Sale	-$205K	-1.75K	-2.96%	$117.55	57.3K	Oct 16, 2023	Direct	F2
transaction	YUM	Common Stock	Options Exercise	$155K	+3.09K	+5.38%	$50.22	60.4K	Oct 16, 2023	Direct	F1
transaction	YUM	Common Stock	Disposed to Issuer	-$155K	-1.33K	-2.19%	$116.88	59.1K	Oct 16, 2023	Direct	F1
transaction	YUM	Common Stock	Sale	-$207K	-1.76K	-2.98%	$117.55	57.3K	Oct 16, 2023	Direct	F2
holding	YUM	Common Stock						39.5K	Oct 16, 2023	Trust - DWG
holding	YUM	Common Stock						26.4K	Oct 16, 2023	Trust SJG

Showing 1 to 8 of 8 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	-3.07K	-25%	$0.00	9.2K	Oct 16, 2023	Common Stock	3.07K	$50.22	Direct	F1, F3
transaction	YUM	Stock Appreciation Right	Options Exercise	$0	-3.09K	-20.07%	$0.00	12.3K	Oct 16, 2023	Common Stock	3.09K	$50.22	Direct	F1

* 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	Pursuant to 10b5-1 Plan adopted on February 24, 2023
F3	Vesting occurs on a quarterly basis beginning one year from grant date.