Erika Burkhardt - Feb 10, 2025 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role: Chief Legal Officer & Corp Sec
Signature: /s/ M. Gayle Hobson, POA
Stock symbol: YUM
Transactions as of: Feb 10, 2025
Transactions value $: $9,185
Form type: 4
Date filed: 2/11/2025, 12:44 PM
Previous filing: Feb 10, 2025
Next filing: Mar 7, 2025

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YUM	Common Stock	Options Exercise	$13.2K	+89	+44.28%	$148.15	290	Feb 10, 2025	Direct
transaction	YUM	Common Stock	Tax liability	-$4K	-27	-9.31%	$148.15	263	Feb 10, 2025	Direct

Showing 1 to 2 of 2 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	-89	-33.35%	$0.00	178	Feb 10, 2025	Common Stock	89		Direct	F1, F2
transaction	YUM	Restricted Stock Units	Award	$0	+2.11K		$0.00	2.11K	Feb 10, 2025	Common Stock	2.11K		Direct	F1, F2
transaction	YUM	Stock Appreciation Right	Award	$0	+8.92K		$0.00	8.92K	Feb 10, 2025	Common Stock	8.92K	$148.15	Direct	F2

* 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	Vesting occurs 25% per year beginning one year from grant date.