Tracy L. Skeans - 09 Feb 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
09 Feb 2024
Net transactions value
+$634,154
Form type
4
Filing time
12 Feb 2024, 12:55:28 UTC
Previous filing
25 Jan 2024
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $682,224 +5,237 +16% $130.27 38,915 10 Feb 2024 Direct
transaction YUM Common Stock Tax liability $268,617 -2,062 -5.3% $130.27 36,853 10 Feb 2024 Direct
transaction YUM Common Stock Options Exercise $173,780 +1,334 +3.6% $130.27 38,187 10 Feb 2024 Direct
transaction YUM Common Stock Tax liability $68,522 -526 -1.4% $130.27 37,661 10 Feb 2024 Direct
transaction YUM Common Stock Options Exercise $190,455 +1,462 +3.9% $130.27 39,123 11 Feb 2024 Direct
transaction YUM Common Stock Tax liability $75,166 -577 -1.5% $130.27 38,546 11 Feb 2024 Direct
holding YUM Common Stock 2,103 09 Feb 2024 401(k) Plan
holding YUM Common Stock 7,251 09 Feb 2024 Skeans Trust

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 +25,159 $0.000000 25,159 09 Feb 2024 Common Stock 25,159 $130.27 Direct F1
transaction YUM Restricted Stock Units Award $0 +5,470 $0.000000 5,470 09 Feb 2024 Common Stock 5,470 Direct F1, F2, F3
transaction YUM Restricted Stock Units Options Exercise $0 -5,237 -100% $0.000000 0 10 Feb 2024 Common Stock 5,237 Direct F4
transaction YUM Restricted Stock Units Options Exercise $0 -1,334 -25% $0.000000 4,002 10 Feb 2024 Common Stock 1,334 $131.31 Direct F1, F3
transaction YUM Restricted Stock Units Options Exercise $0 -1,462 -33% $0.000000 2,928 11 Feb 2024 Common Stock 1,462 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