SEC Form 4 · accession 0001127602-15-028953
YUM BRANDS INC · YUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Gibbs
Officer — CEO, Pizza Hut
Period of report
Oct 9, 2015
Accepted (ET)
Oct 9, 2015 · 4:10 pm EDT
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 | Oct 9, 2015 | M | 26,936 | $24.4675 | A | 41,272 | D | |
| Common Stock | Oct 9, 2015 | D | 16,794 | $69.65 | D | 24,478 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF1 | $24.4675 | Oct 9, 2015 | M | 26,936 | D | Jan 26, 2007 | Jan 26, 2016 | Common Stock | 26,936 | 0 | D |
Explanation of responses
- F1Vesting occurs on a quarterly basis beginning one year from grant date.