Scott Catlett - 09 Feb 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role
Chief Legal &Franchise Officer
Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
09 Feb 2024
Net transactions value
+$904,725
Form type
4
Filing time
12 Feb 2024, 12:37:19 UTC
Previous filing
25 Jan 2024
Next filing
20 May 2024
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 $1,364,448 +10,474 +31% $130.27 44,412 10 Feb 2024 Direct
transaction YUM Common Stock Tax liability $621,648 -4,772 -11% $130.27 39,640 10 Feb 2024 Direct
transaction YUM Common Stock Options Exercise $142,125 +1,091 +2.8% $130.27 40,731 10 Feb 2024 Direct
transaction YUM Common Stock Tax liability $64,874 -498 -1.2% $130.27 40,233 10 Feb 2024 Direct
transaction YUM Common Stock Options Exercise $155,803 +1,196 +3% $130.27 41,429 11 Feb 2024 Direct
transaction YUM Common Stock Tax liability $71,127 -546 -1.3% $130.27 40,883 11 Feb 2024 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 Stock Appreciation Right Award $0 +20,746 $0.000000 20,746 09 Feb 2024 Common Stock 20,746 $130.27 Direct F1
transaction YUM Restricted Stock Units Award $0 +4,510 $0.000000 4,510 09 Feb 2024 Common Stock 4,510 Direct F1, F2, F3
transaction YUM Restricted Stock Units Options Exercise $0 -10,474 -100% $0.000000 1 10 Feb 2024 Common Stock 10,474 Direct F4
transaction YUM Restricted Stock Units Options Exercise $0 -1,091 -25% $0.000000 3,275 10 Feb 2024 Common Stock 1,091 $131.31 Direct F1, F3
transaction YUM Restricted Stock Units Options Exercise $0 -1,196 -33% $0.000000 2,396 11 Feb 2024 Common Stock 1,196 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.
F3 The final distribution under this grant will occur four years from the grant date. There are no specified expiration dates for this grant.
F4 Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock