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YUM! BRANDS, INC.-2016Proxy Statement 37
Proxy Statement
STOCK OWNERSHIP INFORMATION
Who are our largest shareholders?
This table shows ownership information for each YUM shareholder known to us to be the owner of 5% or more of YUM
common stock. This information is presented as of December31, 2015, and is based on a stock ownership report on
Schedule13G filed by such shareholders with the SEC and provided to us.
Name and Address of Beneficial Owner
Number of Shares
Beneficially Owned
Percent
of Class
Vanguard
100Vanguard Blvd.
Malvern, PA 19355
27,226,598(1) 6.31%
Blackrock Inc.
55East52ndStreet
New York, NY 10055
22,171,722(2) 5.1%
Corvex Management, LP (and Keith Meister in his capacity as the control
person of the general partner of Corvex Management, LP)
667 Madison Ave.
New York, NY 10065
21,040,195(3) 5.0%
(1) The filing indicates sole voting power for 811,990 shares, shared voting power for 43,300 shares, sole dispositive power for 26,383,318 shares and shared dispositive
power for 843,280 shares.
(2) The filing indicates sole voting power for 18,262,875 shares, shared voting power of 8,167 shares, sole dispositive power of 22,163,555 shares and shared dispositive
power of 8,167 shares.
(3) The filing indicates sole voting power for 21,040,195 shares, shared voting power of 0 shares, sole dispositive power of 21,040,195 shares and shared dispositive
power of 0 shares.
How much YUM common stock is owned by our directors and executive officers?
This table shows the beneficial ownership of YUM common
stock as of December31, 2015 by
•each of our directors,
•
each of the executive officers named in the Summary
Compensation Table on page62, and
•all directors and executive officers as a group.
Unless we note otherwise, each of the following persons
and their family members have sole voting and investment
power with respect to the shares of common stock beneficially
owned by him or her. None of the persons in this table
holds in excess of one percent of the outstanding YUM
common stock, except Mr.Meister. Please see table above
setting forth information concerning beneficial ownership by
holders of five percent or more of Yum!’s common stock and
Mr.Meister’s ownership. Directors and executive officers
as a group, beneficially own approximately7%.
The table shows the number of shares of common stock
and common stock equivalents beneficially owned as of
December31, 2015. Included are shares that could have
been acquired within 60days of December31, 2015 through
the exercise of stock options, stock appreciation rights
(“SARs”) or distributions from the Company’s deferred
compensation plans, together with additional underlying
stock units as described in footnote (4)to the table. Under
SEC rules, beneficial ownership includes any shares as to
which the individual has either sole or shared voting power
or investment power and also any shares that the individual
has the right to acquire within 60days through the exercise
of any stock option or other right.