David Eric Russell - 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
-$24,660
Form type
4
Filing time
12 Feb 2024, 13:43:26 UTC
Previous filing
25 Jan 2024
Next filing
02 Apr 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 +3,269 $0.000000 3,269 09 Feb 2024 Common Stock 3,269 Direct F1, F2, F3
transaction YUM Phantom Stock Award $0 +1,090 $0.000000 1,090 09 Feb 2024 Common Stock 1,090 Direct F1, F2, F3
transaction YUM Stock Appreciation Right Award $0 +15,890 $0.000000 15,890 09 Feb 2024 Common Stock 15,890 $130.27 Direct F4
transaction YUM Phantom Stock Tax liability $18,495 -142 -3.3% $130.27 4,196 11 Feb 2024 Common Stock 142 Direct F1, F2, F3
transaction YUM Phantom Stock Tax liability $6,165 -47 -3.3% $130.27 1,399 11 Feb 2024 Common Stock 47 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.