Pizza Hut 2009 Annual Report Download - page 72

21MAR201012032
OPTION EXERCISES AND STOCK VESTED
The table below shows the number of shares of YUM common stock acquired during 2009 upon
exercise of stock options and vesting of stock awards in the form of RSUs, each before payment of
applicable withholding taxes and broker commissions.
Option Awards Stock Awards
Number of Shares Value Realized Number of Shares Value realized
Acquired on Exercise on Exercise Acquired on Vesting on Vesting
Name and Principal Position (#) ($) (#)(1) ($)
(a) (b) (c) (d) (e)
Novak 2,562,780 66,299,434 181,581 5,556,492
Carucci 95,308 2,522,927 16,174 463,508
Su 257,062 5,838,931 73,028 2,233,455
Allan 287,564 7,038,615 0 0
Creed 39,541 908,896 30,607 877,169
(1) These amounts represent RSUs that became vested in 2009. These shares will be distributed in
accordance with the deferral election made by the NEO under the EID Program. See page 58 for a
discussion of the EID Program.
PENSION BENEFITS
The table below shows the present value of accumulated benefits payable to each of the NEOs,
including the number of years of service credited to each such NEO, under the YUM! Brands Retirement
Plan (‘‘Retirement Plan’’) and the YUM! Brands, Inc. Pension Equalization Plan (‘‘Pension Equalization
Plan’’) or the YUM! Brands International Retirement Plan determined using interest rate and mortality
rate assumptions consistent with those used in the Company’s financial statements.
2008 Fiscal Year Pension Benefits Table
Number of Present Value of Payments
Years of Accumulated During
Proxy Statement
Credited Service Benefit(4) Last Fiscal Year
Name Plan Name (#) ($) ($)
(a) (b) (c) (d) (e)
Novak Retirement Plan(1) 23 798,700 —
Pension Equalization Plan(2) 23 17,288,734 —
Carucci Retirement Plan 25 512,966 —
Pension Equalization Plan 25 3,234,740 —
Su International Retirement
Plan(3) 20 6,211,859 —
Allan Retirement Plan 6* 215,610 —
Pension Equalization Plan 6* 1,606,631 —
Creed Retirement Plan 2* 59,452 —
Pension Equalization Plan 2* 0 —
* Under these plans, Messrs. Allan and Creed only receive credited service for their eligible U.S.
based service. Mr. Allan was based outside the U.S. for 11 years. Mr. Creed was based outside the
U.S. for 7 years. During that time neither accrued a benefit under any retirement plan based upon
final compensation or years of service like these plans. In addition, under the terms of Mr. Creed’s
assignment in the U.S., he is covered under an Australian defined contribution plan related to his
service in Australia prior to his transfer to the U.S. to which the Company made annual
contributions in 2009. Contributions on Mr. Creed’s behalf to the Australian defined contribution
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