David W. Gibbs - 17 Jun 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
17 Jun 2024
Transactions value $
-$963,366
Form type
4
Filing time
18 Jun 2024, 11:15:07 UTC
Previous filing
15 May 2024
Next filing
02 Jul 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 +3.7% $52.64 175,076 17 Jun 2024 Direct F1
transaction YUM Common Stock Disposed to Issuer -$326,244 -2,385 -1.4% $136.79 172,691 17 Jun 2024 Direct F1
transaction YUM Common Stock Sale -$520,071 -3,812 -2.2% $136.43 168,879 17 Jun 2024 Direct F1
transaction YUM Common Stock Sale -$443,261 -3,249 -1.9% $136.43 165,630 17 Jun 2024 Direct F1
holding YUM Common Stock 39,499 17 Jun 2024 Trust - DWG
holding YUM Common Stock 26,394 17 Jun 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 -14% $0 37,180 17 Jun 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.