YUM BRANDS INC — Director's Dealing 2012

Dec 19, 2012

SEC Form 4/A — Form 4/A

Issuer: YUM BRANDS INC (YUM)
CIK: 0001041061
Period of Report: 2012-12-14

Reporting Person: NELSON THOMAS C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-14	Common Stock	M	5180	$24.4675	Acquired	5474	Direct
2012-12-14	Common Stock	M	4530	$38.1975	Acquired	10004	Direct
2012-12-14	Common Stock	M	3887	$30.60	Acquired	13891	Direct
2012-12-14	Common Stock	D	5603	$67.80	Disposed	8288	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-14	Employee Stock Option (Right to Buy)	$24.4675	M	5180	Disposed	2016-01-26	Common Stock (5180)	Direct
2012-12-14	Employee Stock Option (Right to Buy)	$29.6025	M	4530	Disposed	2016-11-07	Common Stock (4530)	Direct
2012-12-14	Employee Stock Option (Right to Buy)	$30.60	M	3887	Disposed	2018-11-04	Common Stock (3887)	Direct