Christopher Lee Turner - Feb 9, 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role
Chief Financial Officer
Signature
/s/ M. Gayle Hobson, POA
Stock symbol
YUM
Transactions as of
Feb 9, 2024
Transactions value $
$209,344
Form type
4
Date filed
2/12/2024, 01:05 PM
Previous filing
Jan 25, 2024
Next filing
Jun 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $174K +1.33K +3.1% $130.27 44.4K Feb 10, 2024 Direct
transaction YUM Common Stock Tax liability -$68.8K -528 -1.19% $130.27 43.9K Feb 10, 2024 Direct
transaction YUM Common Stock Options Exercise $173K +1.33K +3.03% $130.27 45.2K Feb 11, 2024 Direct
transaction YUM Common Stock Tax liability -$68.9K -529 -1.17% $130.27 44.7K Feb 11, 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 +26.5K $0.00 26.5K Feb 9, 2024 Common Stock 26.5K $130.27 Direct F1
transaction YUM Restricted Stock Units Award $0 +5.76K $0.00 5.76K Feb 9, 2024 Common Stock 5.76K Direct F1, F2, F3
transaction YUM Restricted Stock Units Options Exercise $0 -1.33K -25% $0.00 4K Feb 10, 2024 Common Stock 1.33K $131.31 Direct F1, F3
transaction YUM Restricted Stock Units Options Exercise $0 -1.33K -33.32% $0.00 2.66K Feb 11, 2024 Common Stock 1.33K Direct F1, F3, F4
* 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