David W. Gibbs - Feb 10, 2025 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: Feb 10, 2025
Transactions value $: -$2,638,403
Form type: 4
Date filed: 2/11/2025, 12:21 PM
Previous filing: Feb 10, 2025
Next filing: Feb 12, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUM	Common Stock	Options Exercise	$811K	+5.48K	+3.64%	$148.15	156K	Feb 10, 2025	Direct
transaction	YUM	Common Stock	Tax liability	-$277K	-1.87K	-1.2%	$148.15	154K	Feb 10, 2025	Direct
transaction	YUM	Common Stock	Award	$0	+54.4K	+35.3%	$0.00	209K	Feb 10, 2025	Direct
transaction	YUM	Common Stock	Tax liability	-$3.17M	-21.4K	-10.27%	$148.15	187K	Feb 10, 2025	Direct
holding	YUM	Common Stock						39.5K	Feb 10, 2025	Trust - DWG
holding	YUM	Common Stock						26.4K	Feb 10, 2025	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	Restricted Stock Units	Options Exercise	$0	-5.48K	-33.33%	$0.00	11K	Feb 10, 2025	Common Stock	5.48K	$131.31	Direct	F1, F2
transaction	YUM	Restricted Stock Units	Award	$0	+25.3K		$0.00	25.3K	Feb 10, 2025	Common Stock	25.3K		Direct	F1, F3
transaction	YUM	Stock Appreciation Right	Award	$0	+107K		$0.00	107K	Feb 10, 2025	Common Stock	107K	$148.15	Direct	F1

* 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	The final distribution under this grant will occur four years from the grant date. There are no specified expiration dates for this grant.
F3	Conversion occurs on a one-for-one basis.