SEC Form 4 · accession 0001127602-16-070403
YUM BRANDS INC · YUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Gibbs
Officer — President, CFO
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 3:00 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 | Dec 15, 2016 | M | 642 | $63.88 | A | 27,173 | D | |
| Common Stock | Dec 15, 2016 | F | 255 | $63.88 | D | 26,918 | D | |
| Common Stock | Dec 15, 2016 | M | 1,356 | $63.88 | A | 28,274 | D | |
| Common Stock | Dec 15, 2016 | F | 537 | $63.88 | D | 27,737 | D | |
| Common Stock | Dec 15, 2016 | M | 8,667 | $63.88 | A | 36,404 | D | |
| Common Stock | Dec 15, 2016 | F | 3,433 | $63.88 | D | 32,971 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2,F3 | — | Dec 15, 2016 | M | 642 | D | — | — | Common Stock | 642 | 1 | D |
| Phantom StockF1,F2,F4 | — | Dec 15, 2016 | M | 1,356 | D | — | — | Common Stock | 1,356 | 0 | D |
| Phantom StockF1,F2,F3 | — | Dec 15, 2016 | M | 8,667 | D | — | — | Common Stock | 8,667 | 0 | D |
Explanation of responses
- F1Conversion occurs on a one-for-one basis.
- F2Payments are made in accordance with elections on file.
- F3The Program does not have specified expiration dates.
- F4Vesting occurs on a quarterly basis beginning one year from grant date.