FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 12/01/2006 |
3. Issuer Name and Ticker or Trading Symbol
YUM BRANDS INC [ YUM ] |
|||||||||||||
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Beneficially Owned | |||
---|---|---|---|
1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 2 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Phantom Stock | (1) | (2) | Common Stock | 2,309.38 | (3) | D | |
Employee Stock Option (right to buy) | 04/01/2003(4) | 04/01/2012 | Common Stock | 19,012 | $28.93 | D | |
Employee Stock Option (right to buy) | 04/01/2003(4) | 04/01/2012 | Common Stock | 19,012 | $28.93 | D | |
Phantom Stock | (5) | (2) | Common Stock | 2,345.01 | $0(3) | D | |
Phantom Stock | (1) | (2) | Common Stock | 10,467.5 | (3) | D | |
Employee Stock Option (right to buy) | 01/23/2004(6) | 01/23/2013 | Common Stock | 45,352 | $24.325 | D | |
Phantom Stock | (7) | (2) | Common Stock | 3,146.03 | (3) | D | |
Stock Option Right to Buy | 01/27/2005(8) | 01/27/2014 | Common Stock | 43,945 | $34.46 | D | |
Stock Option (Right to Buy) | 01/28/2006(9) | 01/28/2015 | Common Stock | 26,016 | $45.06 | D | |
Phantom Stock | (1) | (2) | Common Stock | 4,001.77 | (3) | D | |
YUM Stock Appreciation Right | 01/26/2007(10) | 01/26/2016 | Common Stock | 31,079 | $48.935 | D | |
Phantom Stock | (1) | (2) | Common Stock | 16,460.61 | (3) | D | |
Phantom Stock | (1) | (2) | Common Stock | 2,295.02 | (3) | D | |
Phantom Stock | (1) | (2) | Common Stock | 2,425.12 | (3) | D |
Explanation of Responses: |
1. Shares of phantom stock payable upon retirement or termination and are subject to earlier withdrawal in accordance with the terms of YUM! Brands, Inc. deferred compensation plan. |
2. The YUM! Brands, Inc. Executive Income Deferral Plan does not have specified expiration dates. |
3. Conversion occurs on a one-for-one basis. |
4. 25% per year beginning 04/01/2003 |
5. Shares of phantom stock are payable 4/1/2008 or retirement or termination and are subject to earlier withdrawal in accordance wit h the terms of the YUM! Brands, Inc. deferred compensation plan. |
6. Vesting will occur 25% per year beginning 1/23/2004. |
7. Payable 1/1/2008 or upon retirement and pursuant to the terms of the YUM! Brands deferred compensation plan. |
8. Vesting will occur 25% per year beginning 1/27/2005. |
9. Vesting will occur 25% per year beginning 01/28/2006 |
10. Vesting will occur 25% per year beginning 01/26/2007 |
Remarks: |
Scott Bergren | 12/01/2006 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |