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YUM BRANDS INC Director's Dealing 2013

Apr 3, 2013

30069_dirs_2013-04-03_02b06b2c-26c8-40da-8c6d-b290b7043e8b.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: 2013-04-01

Reporting Person: BYERLEIN HOLLAN ANNE (Chief People Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-04-01 Common Stock M 12204 $71.94 Acquired 19716.13 Direct
2013-04-01 Common Stock F 5566 $71.94 Disposed 14150.13 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-04-01 Phantom Stock $ M 12204 Disposed Common Stock (12204) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1678.996 Indirect

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.