YUM BRANDS INC — Director's Dealing 2019

Aug 6, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: YUM BRANDS INC (YUM)
CIK: 0001041061
Period of Report: 2019-08-05

Reporting Person: Starrs Artie (CEO - Pizza Hut)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	160	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (516.6622)		Direct
Phantom Stock	$		Common Stock (1294.6626)		Direct
Phantom Stock	$		Common Stock (1391.9623)		Direct
Phantom Stock	$		Common Stock (555.4916)		Direct
Phantom Stock	$		Common Stock (41.5988)		Direct
Phantom Stock	$		Common Stock (210.4614)		Direct
Phantom Stock	$		Common Stock (3527.6034)		Direct
Phantom Stock	$		Common Stock (1175.8678)		Direct
Phantom Stock	$		Common Stock (173.0554)		Direct
Phantom Stock	$		Common Stock (5435.1276)		Direct
Phantom Stock	$		Common Stock (1811.7092)		Direct
Stock Appreciation Right	$49.66	2026-02-05	Common Stock (17197)		Direct
Stock Appreciation Right	$50.22	2024-02-05	Common Stock (6175)		Direct
Stock Appreciation Right	$52.64	2025-02-06	Common Stock (10213)		Direct
Stock Appreciation Right	$52.64	2025-02-06	Common Stock (13527)		Direct
Stock Appreciation Right	$68.00	2027-02-10	Common Stock (38733)		Direct
Stock Appreciation Right	$78.07	2028-02-12	Common Stock (51830)		Direct
Stock Appreciation Right	$78.07	2028-02-12	Common Stock (60976)		Direct
Stock Appreciation Right	$93.26	2029-02-11	Common Stock (42779)		Direct

Footnotes

F1: Payments are made in accordance with elections on file.

F2: Phantom units accrued under the YUM! Brands, Inc. Executive Income Deferral Program do not have expiration dates.

F3: Conversion occurs on a one-for-one basis.

F4: The YUM! Brands, Inc. Executive Income Deferral Program does not have specified expiration dates.

F5: Vesting occurs 25% per year beginning one year from grant date.