Sean Tresvant - Feb 9, 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role
Taco Bell, CEO
Signature
/s/ M. Gayle Hobson, POA
Stock symbol
YUM
Transactions as of
Feb 9, 2024
Transactions value $
$163,098
Form type
4
Date filed
2/12/2024, 01:00 PM
Previous filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YUM Common Stock Options Exercise $75.7K +581 +66.63% $130.27 1.45K Feb 10, 2024 Direct
transaction YUM Common Stock Tax liability -$31.1K -239 -16.45% $130.27 1.21K Feb 10, 2024 Direct
transaction YUM Common Stock Options Exercise $185K +1.42K +116.8% $130.27 2.63K Feb 11, 2024 Direct
transaction YUM Common Stock Tax liability -$66.2K -508 -19.3% $130.27 2.12K Feb 11, 2024 Direct
holding YUM Common Stock 33 Feb 9, 2024 401(k) Plan

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 Award $0 +17.7K $0.00 17.7K Feb 9, 2024 Common Stock 17.7K $130.27 Direct F1
transaction YUM Restricted Stock Units Award $0 +3.84K $0.00 3.84K Feb 9, 2024 Common Stock 3.84K Direct F1, F2, F3
transaction YUM Restricted Stock Units Options Exercise $0 -581 -24.95% $0.00 1.75K Feb 10, 2024 Common Stock 581 Direct F1, F2, F3
transaction YUM Restricted Stock Units Options Exercise $0 -1.42K -33.52% $0.00 2.81K Feb 11, 2024 Common Stock 1.42K Direct F1, F2, F3
* 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 Conversion occurs on a one-for-one basis.
F3 The final distribution under this grant will occur four years from the grant date. There are no specified expiration dates for this grant.