David W. Gibbs - May 15, 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role: Chief Executive Officer, Director
Signature: /s/ M. Gayle Hobson, POA
Stock symbol: YUM
Transactions as of: May 15, 2024
Transactions value $: -$970,045
Form type: 4
Date filed: 5/15/2024, 02:33 PM
Previous filing: Apr 16, 2024
Next filing: Jun 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUM	Common Stock	Options Exercise	$326K	+6.2K	+3.6%	$52.64	178K	May 15, 2024	Direct	F1
transaction	YUM	Common Stock	Disposed to Issuer	-$326K	-2.37K	-1.33%	$137.49	176K	May 15, 2024	Direct	F1
transaction	YUM	Common Stock	Sale	-$524K	-3.82K	-2.17%	$137.14	172K	May 15, 2024	Direct	F1
transaction	YUM	Common Stock	Sale	-$446K	-3.25K	-1.89%	$137.14	169K	May 15, 2024	Direct	F1
holding	YUM	Common Stock						39.5K	May 15, 2024	Trust - DWG
holding	YUM	Common Stock						26.4K	May 15, 2024	Trust SJG

Showing 1 to 6 of 6 entries

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	Options Exercise	$0	-6.2K	-12.5%	$0.00	43.4K	May 15, 2024	Common Stock	6.2K	$52.64	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to 10b5-1 plan that was adopted December 1, 2023
F2	Vesting occurs 25% per year beginning one year from grant date.