SEC Form 4 · accession 0001127602-18-000106
YUM BRANDS INC · YUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian R Niccol
Officer — CEO, Taco Bell
Period of report
Jan 2, 2018
Accepted (ET)
Jan 2, 2018 · 3:22 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 | Jan 2, 2018 | M | 3,349 | $35.10 | A | 5,509 | D | |
| Common StockF1 | Jan 2, 2018 | D | 2,245 | $82.28 | D | 3,264 | D | |
| Common StockF1 | Jan 2, 2018 | S | 1,104 | $82.3665 | D | 2,160 | D | |
| Common Stock | holding | — | — | — | 4,969 | I | By 401(k) Plan |
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,F2 | $35.10 | Jan 2, 2018 | M | 3,349 | D | Feb 4, 2012 | Feb 4, 2021 | Common Stock | 3,349 | 20,094 | D |
Explanation of responses
- F1Pursuant to 10b5-1 Plan
- F2Vesting occurs on a quarterly basis beginning one year from grant date.