David W. Gibbs - 16 Sep 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
16 Sep 2024
Net transactions value
-$941,712
Form type
4
Filing time
17 Sep 2024, 11:33:18 UTC
Previous filing
05 Sep 2024
Next filing
02 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $326,210 +6,197 +3.9% $52.64 165,329 16 Sep 2024 Direct F1
transaction YUM Common Stock Disposed to Issuer $326,240 -2,441 -1.5% $133.65 162,888 16 Sep 2024 Direct F1
transaction YUM Common Stock Sale $504,919 -3,756 -2.3% $134.43 159,132 16 Sep 2024 Direct F1
transaction YUM Common Stock Sale $436,763 -3,249 -2% $134.43 155,883 16 Sep 2024 Direct F1
holding YUM Common Stock 39,499 16 Sep 2024 Trust - DWG
holding YUM Common Stock 26,394 16 Sep 2024 Trust SJG

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 -6,197 -25% $0.000000 18,589 16 Sep 2024 Common Stock 6,197 $52.64 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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.