FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Catlett Scott

2. Date of Event Requiring Statement (MM/DD/YYYY)
7/1/2018 

3. Issuer Name and Ticker or Trading Symbol

YUM BRANDS INC [YUM]

(Last)        (First)        (Middle)

1441 GARDINER LANE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
General Counsel and Corp. Sec. /

(Street)

LOUISVILLE, KY 40213       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 		2. Amount of Securities Beneficially Owned
(Instr. 4) 		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 		4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   1506   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4) 		2. Date Exercisable and Expiration Date
(MM/DD/YYYY) 		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 		4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units   11/19/2018   11/19/2018   Common Stock   2151.94     (1) D    
Stock Appreciation Right   2/6/2014   2/6/2023   Common Stock   2393   $44.81   D    
Stock Appreciation Right   2/8/2013   2/8/2022   Common Stock   2205   $45.88   D    
Stock Appreciation Right   2/5/2017   2/5/2026   Common Stock   7567   $49.66   D    
Stock Appreciation Right   2/5/2015   2/5/2024   Common Stock   1832   $50.22   D    
Stock Appreciation Right   2/5/2018   2/5/2024   Common Stock   3393   $50.22   D    
Stock Appreciation Right   2/6/2016   6/19/2018   Common Stock   4058   $52.64   D    
Stock Appreciation Right   2/10/2018   2/10/2027   Common Stock   12354   $68.00   D    
Stock Appreciation Right   2/12/2019   2/12/2028   Common Stock   9680   $78.07   D    

Explanation of Responses:
(1)  No conversion or exercise price. Shares distribute upon vest date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Catlett Scott
1441 GARDINER LANE
LOUISVILLE, KY 40213

General Counsel and Corp. Sec.

Signatures
/s/ M. Gayle Hobson, POA 7/6/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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