Sabir Sami - Feb 9, 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Stock symbol
YUM
Transactions as of
Feb 9, 2024
Transactions value $
$122,063
Form type
4
Date filed
2/12/2024, 01:13 PM
Previous filing
Jan 25, 2024
Next filing
Aug 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $121K +930 +10.76% $130.27 9.57K Feb 11, 2024 Direct
transaction YUM Common Stock Tax liability -$65K -499 -5.21% $130.27 9.07K Feb 11, 2024 Direct
transaction YUM Common Stock Options Exercise $142K +1.09K +13.41% $130.27 9.23K Feb 10, 2024 Direct
transaction YUM Common Stock Tax liability -$76.2K -585 -6.34% $130.27 8.64K Feb 10, 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 Employee Stock Option (Right to Buy) Award $0 +22.1K $0.00 22.1K Feb 9, 2024 Common Stock 22.1K $130.27 Direct F1
transaction YUM Restricted Stock Units Award $0 +4.8K $0.00 4.8K Feb 9, 2024 Common Stock 4.8K Direct F1, F2, F3
transaction YUM Restricted Stock Units Options Exercise $0 -930 -33.29% $0.00 1.86K Feb 11, 2024 Common Stock 930 Direct F1, F2
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
* 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.