SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Sami Sabir

(Last) (First) (Middle)
1441 GARDINER LANE

(Street)
LOUISVILLE KY 40213

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
YUM BRANDS INC [ YUM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer - KFC
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/07/2024 S 9,005 D $137.16 67.55 D
Common Stock 08/07/2024 M 3,440 A $49.66 3,507.55 D
Common Stock 08/07/2024 D 1,247 D $137 2,260.55 D
Common Stock 08/07/2024 S 2,193 D $137.16 67.55 D
Common Stock 08/07/2024 M 11,582 A $68 11,649.55 D
Common Stock 08/07/2024 D 5,749 D $137 5,900.55 D
Common Stock 08/07/2024 S 5,833 D $137.16 67.55 D
Common Stock 08/07/2024 M 9,075 A $78.07 9,142.55 D
Common Stock 08/07/2024 D 5,172 D $137 3,970.55 D
Common Stock 08/07/2024 S 3,903 D $137.16 67.55 D
Common Stock 08/07/2024 M 13,656 A $93.26 13,723.55 D
Common Stock 08/07/2024 D 9,297 D $137 4,426.55 D
Common Stock 08/07/2024 S 4,359 D $137.16 67.55 D
Common Stock 08/07/2024 M 5,830 A $68 5,897.55 D
Common Stock 08/07/2024 M 12,218 A $102.87 18,115.55 D
Common Stock 08/07/2024 M 13,040 A $102.87 31,155.55 D
Common Stock 08/07/2024 M 1,761 A $103.36 32,916.55 D
Common Stock 08/07/2024 M 8,211 A $122.07 41,127.55 D
Common Stock 08/07/2024 M 4,698 A $131.31 45,825.55 D
Common Stock 08/07/2024 S 5,830 D $137.16 39,995.55 D
Common Stock 08/07/2024 S 12,218 D $137.16 27,777.55 D
Common Stock 08/07/2024 S 13,040 D $137.16 14,737.55 D
Common Stock 08/07/2024 S 1,761 D $137.16 12,976.55 D
Common Stock 08/07/2024 S 8,211 D $137.16 4,765.55 D
Common Stock 08/07/2024 S 4,698 D $137.16 67.55 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $49.66 08/07/2024 M 3,440 02/05/2017 02/05/2026 Common Stock 3,440 $0 0 D
Stock Appreciation Right $68 08/07/2024 M 11,582 02/10/2018 02/10/2027 Common Stock 11,582 $0 0 D
Stock Appreciation Right $78.07 08/07/2024 M 9,075 02/12/2019 02/12/2028(1) Common Stock 9,075 $0 0 D
Stock Appreciation Right $93.26 08/07/2024 M 13,656 02/11/2020(1) 02/11/2029 Common Stock 13,656 $0 0 D
Employee Stock Option (Right to Buy) $68 08/07/2024 M 5,830 02/10/2018(2) 02/10/2027 Common Stock 5,830 $0 0 D
Employee Stock Option (Right to Buy) $102.87 08/07/2024 M 12,218 02/10/2021(1) 02/10/2030 Common Stock 12,218 $0 0 D
Employee Stock Option (Right to Buy) $102.87 08/07/2024 M 13,040 11/13/2021 11/13/2030 Common Stock 13,040 $0 0 D
Employee Stock Option (Right to Buy) $103.36 08/07/2024 M 1,761 01/07/2022 01/07/2022 Common Stock 1,761 $0 588 D
Employee Stock Option (Right to Buy) $122.07 08/07/2024 M 8,211 (2) 02/11/2032 Common Stock 8,211 $0 8,212 D
Employee Stock Option (Right to Buy) $131.31 08/07/2024 M 4,698 (2) 02/10/2033 Common Stock 4,698 $0 14,096 D
Explanation of Responses:
1. Vesting occurs on a quarterly basis beginning one year from grant date.
2. Vesting occurs 25% per year beginning one year from grant date.
/s/ M. Gayle Hobson, POA 08/09/2024
** 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 4 (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).
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