Scott Catlett - Feb 9, 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role: Chief Legal &Franchise Officer
Signature: /s/ M. Gayle Hobson, POA
Stock symbol: YUM
Transactions as of: Feb 9, 2024
Transactions value $: $904,725
Form type: 4
Date filed: 2/12/2024, 12:37 PM
Previous filing: Jan 25, 2024
Next filing: May 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUM	Common Stock	Options Exercise	$1.36M	+10.5K	+30.86%	$130.27	44.4K	Feb 10, 2024	Direct
transaction	YUM	Common Stock	Tax liability	-$622K	-4.77K	-10.74%	$130.27	39.6K	Feb 10, 2024	Direct
transaction	YUM	Common Stock	Options Exercise	$142K	+1.09K	+2.75%	$130.27	40.7K	Feb 10, 2024	Direct
transaction	YUM	Common Stock	Tax liability	-$64.9K	-498	-1.22%	$130.27	40.2K	Feb 10, 2024	Direct
transaction	YUM	Common Stock	Options Exercise	$156K	+1.2K	+2.97%	$130.27	41.4K	Feb 11, 2024	Direct
transaction	YUM	Common Stock	Tax liability	-$71.1K	-546	-1.32%	$130.27	40.9K	Feb 11, 2024	Direct

Showing 1 to 6 of 6 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	Award	$0	+20.7K		$0.00	20.7K	Feb 9, 2024	Common Stock	20.7K	$130.27	Direct	F1
transaction	YUM	Restricted Stock Units	Award	$0	+4.51K		$0.00	4.51K	Feb 9, 2024	Common Stock	4.51K		Direct	F1, F2, F3
transaction	YUM	Restricted Stock Units	Options Exercise	$0	-10.5K	-99.99%	$0.00	0.87	Feb 10, 2024	Common Stock	10.5K		Direct	F4
transaction	YUM	Restricted Stock Units	Options Exercise	$0	-1.09K	-24.99%	$0.00	3.28K	Feb 10, 2024	Common Stock	1.09K	$131.31	Direct	F1, F3
transaction	YUM	Restricted Stock Units	Options Exercise	$0	-1.2K	-33.3%	$0.00	2.4K	Feb 11, 2024	Common Stock	1.2K		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