Brian C. Cornell - Feb 9, 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Role
Director
Signature
/s/ M. Gayle Hobson, POA
Stock symbol
YUM
Transactions as of
Feb 9, 2024
Transactions value $
$0
Form type
4
Date filed
2/12/2024, 01:32 PM
Previous filing
Nov 27, 2023
Next filing
Mar 12, 2024
SEC
View on sec.gov

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 Phantom Stock Award $0 +1.3K +100.8% $0.00 2.6K Feb 9, 2024 Common Stock 1.3K Direct F1, F2, F3
transaction YUM Phantom Stock Award $0 +2.15K $0.00 2.15K Feb 9, 2024 Common Stock 2.15K Direct F1, F3, F4
* 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 Payments are made in accordance with elections on file.
F3 Phantom units accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan do not have expiration dates.
F4 The phantom stock units are acrued under the YUM! Brands, Inc. Director Deferred Compensation Plan and will be settled in YUM! stock after directorship ceases.