SEC Form 4 · accession 0001127602-17-005355
YUM BRANDS INC · YUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Eric Russell
Officer — Vice President, Controller
Period of report
Feb 10, 2017
Accepted (ET)
Feb 13, 2017 · 3:04 pm EST
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 RightF1 | $68.00 | Feb 10, 2017 | A | 23,163 | A | — | Feb 10, 2027 | Common Stock | 23,163 | 23,163 | D |
| Phantom StockF2,F3,F4 | — | Feb 10, 2017 | A | 4,382 | A | — | — | Common Stock | 4,382 | 4,382 | D |
| Phantom StockF2,F3,F4 | — | Feb 10, 2017 | A | 1,461 | A | — | — | Common Stock | 1,461 | 1,461 | D |
Explanation of responses
- F1Vesting occurs 25% per year beginning one year from grant date.
- F2Conversion occurs on a one-for-one basis.
- F3Payments are made in accordance with elections on file.
- F4The Program does not have specified expiration dates.