David W. Gibbs - 15 Jul 2024 Form 4 Insider Report for YUM BRANDS INC (YUM)

Signature
/s/ M. Gayle Hobson, POA
Issuer symbol
YUM
Transactions as of
15 Jul 2024
Transactions value $
$-912,125
Form type
4
Filing time
16 Jul 2024, 09:47:51 UTC
Previous filing
02 Jul 2024
Next filing
16 Aug 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 +3.74% $52.64 171,827 15 Jul 2024 Direct F1
transaction YUM Common Stock Disposed to Issuer $-326,305 -2,485 -1.45% $131.31 169,342 15 Jul 2024 Direct F1
transaction YUM Common Stock Sale $-486,346 -3,712 -2.19% $131.02 165,630 15 Jul 2024 Direct F1
transaction YUM Common Stock Sale $-425,684 -3,249 -1.96% $131.02 162,381 15 Jul 2024 Direct F1
holding YUM Common Stock 39,499 15 Jul 2024 Trust - DWG
holding YUM Common Stock 26,394 15 Jul 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 -16.7% $0.000000 30,983 15 Jul 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.