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
Nov 4, 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

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.