David Eric Russell - Feb 9, 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role
Vice President, Controller
Signature
/s/ M. Gayle Hobson, POA
Stock symbol
YUM
Transactions as of
Feb 9, 2024
Transactions value $
-$24,660
Form type
4
Date filed
2/12/2024, 01:43 PM
Previous filing
Jan 25, 2024
Next filing
Apr 2, 2024

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 Phantom Stock Award $0 +3.27K $0.00 3.27K Feb 9, 2024 Common Stock 3.27K Direct F1, F2, F3
transaction YUM Phantom Stock Award $0 +1.09K $0.00 1.09K Feb 9, 2024 Common Stock 1.09K Direct F1, F2, F3
transaction YUM Stock Appreciation Right Award $0 +15.9K $0.00 15.9K Feb 9, 2024 Common Stock 15.9K $130.27 Direct F4
transaction YUM Phantom Stock Tax liability -$18.5K -142 -3.27% $130.27 4.2K Feb 11, 2024 Common Stock 142 Direct F1, F2, F3
transaction YUM Phantom Stock Tax liability -$6.17K -47.3 -3.27% $130.27 1.4K Feb 11, 2024 Common Stock 47.3 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion occurs on a one-for-one basis.
F2 Payments are made in accordance with elections on file.
F3 Phantom units accrued under the YUM! Brands, Inc. Executive Income Deferral Program do not have expiration dates.
F4 Vesting occurs 25% per year beginning one year from grant date.