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YUM BRANDS INC Director's Dealing 2013

May 1, 2013

30069_dirs_2013-05-01_62c1cb0e-fca4-40ab-a90c-e6c939d2bd64.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: 2013-05-01

Reporting Person: BLUM JONATHAN DAVID (SVP and Chief Public Affairs)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-01 Common Stock M 9500 $29.29 Acquired 31631 Direct
2013-05-01 Common Stock D 6748 $67.82 Disposed 24883 Direct
2013-05-01 Common Stock S 2752 $67.7914 Disposed 22131 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-05-01 Stock Appreciation Right $29.29 M 9500 Disposed 2019-02-05 Common Stock (9500) Direct

Footnotes

F1: Pursuant to 10b5-1 Plan