YUM BRANDS INC — Director's Dealing 2010

Apr 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: YUM BRANDS INC (YUM)
CIK: 0001041061
Period of Report: 2010-04-20

Reporting Person: Bergren Scott (President - Pizza Hut, Inc.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-20	Common Stock	M	38024	$14.465	Acquired	58183	Direct
2010-04-20	Common Stock	M	38024	$14.465	Acquired	96207	Direct
2010-04-20	Common Stock	S	76048	$42.7177	Disposed	20159	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-20	Employee Stock Option (Right to Buy)	$14.465	M	38024	Disposed	2012-04-01	Common Stock (38024)	Direct
2010-04-20	Employee Stock Option (Right to Buy)	$14.465	M	38024	Disposed	2012-04-01	Common Stock (38024)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $42.54 to $42.97. 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 regardding the number of shares and prices at which the transaction was effected.