David W. Gibbs - Feb 9, 2024 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: Feb 9, 2024
Transactions value $: $5,549,502
Form type: 4
Date filed: 2/12/2024, 12:42 PM
Previous filing: Jan 25, 2024
Next filing: Dec 23, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUM	Common Stock	Options Exercise	$727K	+5.58K	+4.1%	$130.27	142K	Feb 10, 2024	Direct
transaction	YUM	Common Stock	Tax liability	-$286K	-2.2K	-1.55%	$130.27	139K	Feb 10, 2024	Direct
transaction	YUM	Common Stock	Options Exercise	$7.65M	+58.7K	+42.1%	$130.27	198K	Feb 11, 2024	Direct
transaction	YUM	Common Stock	Tax liability	-$3.01M	-23.1K	-11.67%	$130.27	175K	Feb 11, 2024	Direct
transaction	YUM	Common Stock	Options Exercise	$754K	+5.79K	+3.31%	$130.27	181K	Feb 11, 2024	Direct
transaction	YUM	Common Stock	Tax liability	-$279K	-2.14K	-1.18%	$130.27	179K	Feb 11, 2024	Direct
holding	YUM	Common Stock						39.5K	Feb 9, 2024	Trust - DWG
holding	YUM	Common Stock						26.4K	Feb 9, 2024	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	Award	$0	+106K		$0.00	106K	Feb 9, 2024	Common Stock	106K	$130.27	Direct	F1
transaction	YUM	Restricted Stock Units	Award	$0	+23K		$0.00	23K	Feb 9, 2024	Common Stock	23K		Direct	F1, F2, F3
transaction	YUM	Restricted Stock Units	Options Exercise	$0	-5.58K	-24.99%	$0.00	16.7K	Feb 10, 2024	Common Stock	5.58K	$131.31	Direct	F1, F3
transaction	YUM	Restricted Stock Units	Options Exercise	$0	-58.7K	-100%	$0.00	0.98	Feb 11, 2024	Common Stock	58.7K	$93.26	Direct	F4
transaction	YUM	Restricted Stock Units	Options Exercise	$0	-5.79K	-33.33%	$0.00	11.6K	Feb 11, 2024	Common Stock	5.79K		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	This grant does not have an expiration date.