SEC Form 4 · accession 0001127602-19-005340
YUM BRANDS INC · YUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Greg Creed
Officer — CEO · Director
Period of report
Feb 11, 2019
Accepted (ET)
Feb 12, 2019 · 3:37 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 11, 2019 | M | 169,793 | $23.48 | A | 207,912 | D | |
| Common StockF1 | Feb 11, 2019 | D | 99,247 | $94.75 | D | 108,665 | D | |
| Common StockF1,F2 | Feb 11, 2019 | S | 13,986 | $94.41 | D | 94,679 | D | |
| Common Stock | holding | — | — | — | 163,279 | I | Limited Liability Company |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF3 | $93.26 | Feb 11, 2019 | A | 239,054 | A | — | Feb 11, 2029 | Common Stock | 239,054 | 239,054 | D |
| Stock Appreciation RightF1,F4 | $23.48 | Feb 11, 2019 | M | 169,793 | D | Feb 5, 2011 | Feb 5, 2020 | Common Stock | 169,793 | 0 | D |
Explanation of responses
- F1Pursuant to 10b5-1 Plan
- F2This transaction was executed in multiple trades at prices ranging from $94.25 to $94.45. 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.
- F3Vesting occurs 25% per year beginning one year from grant date.
- F4Vesting occurs 25% per year beginning 02/05/2011.