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15MAR201511093851
Option Exercises and Stock Vested
The table below shows the number of shares of YUM common stock acquired during 2014 upon exercise of stock option and SAR
awards and vesting of stock awards in the form of RSUs and PSUs, each including accumulated dividends and before payment of
applicable withholding taxes and broker commissions. For 2014, Mr. Grismer had 8,808 RSUs vest. The 2011 PSU awards for the
2011-2013 performance cycle were not paid out since the average earnings per share during the performance cycle did not reach
the required minimum average growth threshold of seven percent. Therefore, there is nothing to report for the NEOs in
columns (d) and (e) for PSUs.
Novak 340,002 24,211,587 — —
Grismer 11,116 821,693 9,126(1) 667,202
Su 65,039 3,476,751 — —
Creed —— ——
Bergren —— ——
(1) These RSUs represent Mr. Grismer’s deferral of his 2011 bonus, which was deferred in 2012 and vested in 2014, under the Company’s
Executive Income Deferral Program.
52 YUM! BRANDS, INC. 2015 Proxy Statement
Option/SAR Awards Stock Awards
Number Number Value
of Shares Value of Shares Realized
Acquired on Realized on Acquired on on
Exercise Exercise Vesting Vesting
Name (#) ($) (#) ($)
(a) (b) (c) (d) (e)
EXECUTIVE COMPENSATION
Proxy Statement