SEC Form 4 · accession 0001127602-15-027424
YUM BRANDS INC · YUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian C Cornell
Director
Period of report
Sep 18, 2015
Accepted (ET)
Sep 21, 2015 · 3:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001041061
Table I — non-derivative securities
No Table I lines on this filing.
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 | $80.15 | Sep 18, 2015 | A | 150 | A | Sep 18, 2015 | Sep 18, 2025 | Common Stock | 150 | 150 | D |
| Phantom StockF1,F2,F3 | — | Sep 18, 2015 | A | 312 | A | — | — | Common Stock | 312 | 312 | D |
| Phantom StockF1,F2,F3 | — | Sep 18, 2015 | A | 177 | A | — | — | Common Stock | 177 | 177 | D |
Explanation of responses
- F1Conversion occurs on a one-for-one basis.
- F2The phantom stock units are acrued under the YUM! Brands, Inc. Director Deferred Compensation Plan and will be settled in YUM! stock after directorship ceases.
- F3The Program does not have specified expiration dates.