SEC Form 4 · accession 0001127602-17-006671
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
Feb 15, 2017
Accepted (ET)
Feb 16, 2017 · 5:43 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 StockF1 | Feb 15, 2017 | M | 6,127 | $24.32 | A | 39,098 | D | |
| Common StockF1 | Feb 15, 2017 | D | 2,179 | $68.39 | D | 36,919 | D | |
| Common StockF1,F2 | Feb 15, 2017 | S | 3,948 | $68.3056 | D | 32,971 | D | |
| Common StockF1 | Feb 15, 2017 | M | 6,603 | $26.56 | A | 39,574 | D | |
| Common StockF1 | Feb 15, 2017 | D | 2,565 | $68.39 | D | 37,009 | D | |
| Common StockF1,F3 | Feb 15, 2017 | S | 4,038 | $68.3593 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF1 | $24.32 | Feb 15, 2017 | M | 6,127 | D | Sep 20, 2011 | Sep 20, 2017 | Common Stock | 6,127 | 12,254 | D |
| Stock Appreciation RightF1,F4 | $26.56 | Feb 15, 2017 | M | 6,603 | D | Jan 24, 2009 | Jan 24, 2018 | Common Stock | 6,603 | 19,811 | D |
Explanation of responses
- F1Pursuant to 10b5-1 Plan
- F2This transaction was executed in multiple trades at prices ranging from $68.30 to $68.36. 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 $68.30 to $68.36. 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.
- F4Vesting occurs on a quarterly basis beginning one year from grant date.