Pizza Hut 2010 Annual Report Download - page 78

9MAR201101381779
OPTION EXERCISES AND STOCK VESTED
The table below shows the number of shares of YUM common stock acquired during 2010 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 (#) ($) (#)(1) ($)
(a) (b) (c) (d) (e)
Novak 802,696 22,740,084 3,848 126,898
Carucci 131,092 4,471,810 31,658 1,084,454
Su 255,290 9,153,635 1,526 50,344
Allan 125,132 3,763,515 89,460 3,853,029
Bergren 254,642 7,840,131 924 30,461
(1) These amounts represent RSUs that became vested in 2010. These shares will be distributed in
accordance with the deferral election made by the NEO under the EID Program. See page 63 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.
2010 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) 24 882,402 —
Pension Equalization Plan(2) 24 19,243,394 —
Carucci Retirement Plan 26 569,212 —
Pension Equalization Plan 26 3,539,565 —
Su International Retirement
Plan(3) 21 7,682,219 —
Allan* Retirement Plan 7 388,396 —
Pension Equalization Plan 7 3,005,894 —
Bergren** Retirement Plan 6 239,957 —
Pension Equalization Plan 6 114,698 —
* Under these plans, Mr. Allan only receives credited service for his eligible U.S. based service.
Mr. Allan was based outside the U.S. for 11 years. He did not accrue a benefit under any retirement
plan based upon final compensation or years of service like these plans.
** Mr. Bergren was rehired by the Company in 2002. He is not accruing a benefit under these plans for
his service since his rehire because the plan is closed to rehires; however, he does have a benefit
from his prior employment with the Company. The change in the value of his benefit shown in
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