SEC Form 4 · accession 0001140361-15-038079
YUM BRANDS INC · YUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith A. Meister
Director
Period of report
Oct 16, 2015
Accepted (ET)
Oct 20, 2015 · 4:13 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1,F2,F3 | — | Oct 16, 2015 | A | 346 | A | — | — | Common Stock | 346 | 346 | D |
Explanation of responses
- F1Each phantom stock unit converts into one share of YUM! Brands, Inc. ("YUM") common stock. The Reporting Person disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest in the securities.
- F2The phantom stock units are accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan and will be settled in shares of YUM common stock after directorship ceases.
- F3Phantom stock units accrued under the YUM! Brands, Inc. Director Deferred Compensation Plan do not have expiration dates.