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YUM BRANDS INC Director's Dealing 2016

Nov 9, 2016

30069_dirs_2016-11-09_add7656f-ba1f-42d5-b8d4-36a0dd09bcb6.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: 2016-11-07

Reporting Person: WALTER ROBERT D (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-11-07 Phantom Stock $ P 2062.7702 Acquired Common Stock (2062.7702) Direct
2016-11-07 Phantom Stock $ P 260.4844 Acquired Common Stock (260.4844) Direct
2016-11-07 Phantom Stock $ P 1695.3204 Acquired Common Stock (1695.3204) Direct
2016-11-07 Phantom Stock $ P 1474.5325 Acquired Common Stock (1474.5325) Direct
2016-11-07 Phantom Stock $ P 1273.7047 Acquired Common Stock (1273.7047) Direct
2016-11-07 Phantom Stock $ P 1080.019 Acquired Common Stock (1080.019) Direct
2016-11-07 Phantom Stock $ P 95.2958 Acquired Common Stock (95.2958) Direct
2016-11-07 Phantom Stock $ P 1022.6996 Acquired Common Stock (1022.6996) Direct
2016-11-07 Phantom Stock $ P 90.2382 Acquired Common Stock (90.2382) Direct
2016-11-07 Phantom Stock $ P 1016.7354 Acquired Common Stock (1016.7354) Direct
2016-11-07 Phantom Stock $ P 89.712 Acquired Common Stock (89.712) Direct
2016-11-07 Phantom Stock $ P 1234.9111 Acquired Common Stock (1234.9111) Direct
2016-11-07 Phantom Stock $ P 208.3912 Acquired Common Stock (208.3912) Direct
2016-11-07 Phantom Stock $ P 307.7044 Acquired Common Stock (307.7044) Direct

Footnotes

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

F2: Phantom Exercise Date

F3: The YUM! Brands, Inc. Executive Income Deferral Program does not have specified expiration dates.

F4: The phantom stock units are acrued under the YUM! Brands, Inc. Director Deferred Compensation Plan and will be settled in YUM! stock after directorship ceases.

F5: The Director Deferred Compensation Plan does not have specified expiration dates.

F6: Payments are made in accordance with elections on file.

F7: The Program does not have specified expiration dates.

F8: Phantom units accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan do not have expiration dates.