SEC Form 4 · accession 0001127602-15-006403
YUM BRANDS INC · YUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hollan Anne Byerlein
Officer — Chief People Officer
Period of report
Feb 13, 2015
Accepted (ET)
Feb 17, 2015 · 4:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001041061
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 13, 2015 | M | 81,467 | $49.30 | A | 81,471 | D | |
| Common Stock | Feb 13, 2015 | D | 67,450 | $74.67 | D | 14,021 | D | |
| Common StockF1 | Feb 13, 2015 | S | 14,017 | $47.4095 | D | 4 | D | |
| Common Stock | Feb 13, 2015 | M | 50,201 | $32.98 | A | 50,205 | D | |
| Common Stock | Feb 13, 2015 | D | 36,008 | $74.67 | D | 14,197 | D | |
| Common StockF2 | Feb 13, 2015 | S | 14,193 | $74.4095 | D | 4 | D | |
| Common Stock | Feb 13, 2015 | M | 67,659 | $29.29 | A | 67,663 | D | |
| Common Stock | Feb 13, 2015 | D | 46,836 | $74.67 | D | 20,827 | D | |
| Common StockF3 | Feb 13, 2015 | S | 20,823 | $74.4095 | D | 4 | D | |
| Common Stock | Feb 13, 2015 | M | 29,601 | $29.29 | A | 29,605 | D | |
| Common Stock | Feb 13, 2015 | D | 20,492 | $74.67 | D | 9,113 | D | |
| Common StockF4 | Feb 13, 2015 | S | 9,109 | $74.4095 | D | 4 | D | |
| Common Stock | holding | — | — | — | 1,733 | I | By 401(k) Account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $49.30 | Feb 13, 2015 | M | 81,467 | D | Feb 4, 2012 | Feb 4, 2021 | Common Stock | 81,467 | 0 | D |
| Stock Appreciation RightF5 | $32.98 | Feb 13, 2015 | M | 50,201 | D | Feb 5, 2011 | Feb 5, 2020 | Common Stock | 50,201 | 0 | D |
| Stock Appreciation Right | $29.29 | Feb 13, 2015 | M | 67,659 | D | Feb 5, 2013 | Feb 5, 2019 | Common Stock | 67,659 | 0 | D |
| Stock Appreciation Right | $29.29 | Feb 13, 2015 | M | 29,601 | D | Feb 5, 2013 | Feb 5, 2019 | Common Stock | 29,601 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $74.38 to $74.685. The price reported above reflects the average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F2This transaction was executed in multiple trades at prices ranging from $74.38 to $74.685. The price reported above reflects the average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades at prices ranging from $74.38 to $74.685. The price reported above reflects the average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F4This transaction was executed in multiple trades at prices ranging from $74.38 to $74.685. The price reported above reflects the average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F5Vesting occurs 25% per year beginning 02/05/2011.