YUM BRANDS INC — Director's Dealing 2010

Nov 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: YUM BRANDS INC (YUM)
CIK: 0001041061
Period of Report: 2010-11-01

Reporting Person: su Jingshyh S (Pres. - Yum Rest. China)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-01	Common Stock	M	71504	$8.3913	Acquired	349865	Direct
2010-11-01	Common Stock	S	71504	$49.7913	Disposed	278361	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-01	Employee Stock Option (Right to Buy)	$8.3913	M	71504	Disposed	2011-01-25	Common Stock (71504)	Direct

Footnotes

F1: Pursuant to 10b5-1 Plan

F2: This transaction was executed in multiple trades at prices ranging from $49.52 to $50.09. The price reported above reflects the average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.