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YUM BRANDS INC Director's Dealing 2012

Dec 17, 2012

30069_dirs_2012-12-17_6156d127-835f-4854-8e2b-28d9e065b32e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: YUM BRANDS INC (YUM)
CIK: 0001041061
Period of Report: 2012-12-13

Reporting Person: NELSON THOMAS C (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-12-13 Common Stock A 294 $67.80 Acquired 294 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-12-13 Phantom Stock $ A 2507.3746 Acquired Common Stock (2507.3746) Direct

Footnotes

F1: Conversion occurs on a one-for-one basis.

F2: Payments are made in accordance with elections on file.

F3: The Program does not have specified expiration dates.