YUM BRANDS INC (Form: 3, Received: 02/22/2011 15:02:42)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	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 ^*
Russell David Eric
2. Date of Event Requiring Statement (MM/DD/YYYY) 2/16/2011
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)
Vice President, Controller /

(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 888.85 I 401(k) Holdings

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

Phantom Stock ⁽²⁾ ⁽³⁾ Common Stock 324 ⁽¹⁾ D

Phantom Stock ⁽²⁾ ⁽³⁾ Common Stock 3477.1144 ⁽¹⁾ D

Phantom Stock ⁽²⁾ ⁽³⁾ Common Stock 4741.3887 ⁽¹⁾ D

Phantom Stock 4/1/2013 ⁽³⁾ Common Stock 4998.0122 ⁽¹⁾ D

Employee Stock Option (Right to Buy) 1/27/2005 1/27/2014 Common Stock 5568 $17.23 D

Employee Stock Option (Right to Buy) 1/28/2006 1/28/2015 Common Stock 6504 $22.53 D

Employee Stock Option (Right to Buy) 11/18/2006 11/18/2015 Common Stock 20190 $24.1075 D

Stock Appreciation Right 2/4/2012 2/4/2021 Common Stock 13137 $49.30 D

Stock Appreciation Right 2/4/2015 2/4/2021 Common Stock 10184 $49.30 D

Stock Appreciation Right 1/26/2007 1/26/2016 Common Stock 6632 $24.4675 D

Stock Appreciation Right 1/19/2008 1/19/2017 Common Stock 5816 $29.61 D

Stock Appreciation Right 1/24/2009 1/24/2018 Common Stock 8032 $37.30 D

Stock Appreciation Right 2/5/2010 2/10/2019 Common Stock 15393 $29.29 D

Stock Appreciation Right 2/5/2011 2/5/2020 Common Stock 13053 $32.98 D

Explanation of Responses:

(1) Conversion occurs on a one-for-one basis.

(2) Phantom Exercise Date

(3) The Program does not have specified expiration dates.

Reporting Owners

Reporting Owner Name / Address Relationships

Director 10% Owner Officer Other

Russell David Eric
1441 GARDINER LANE
LOUISVILLE, KY 40213

Vice President, Controller

Signatures

/s/ M. Gayle Hobson 2/22/2011

^** 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.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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	888.85	I	401(k) Holdings

*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)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Phantom Stock	⁽²⁾	⁽³⁾	Common Stock	324	⁽¹⁾	D
Phantom Stock	⁽²⁾	⁽³⁾	Common Stock	3477.1144	⁽¹⁾	D
Phantom Stock	⁽²⁾	⁽³⁾	Common Stock	4741.3887	⁽¹⁾	D
Phantom Stock	4/1/2013	⁽³⁾	Common Stock	4998.0122	⁽¹⁾	D
Employee Stock Option (Right to Buy)	1/27/2005	1/27/2014	Common Stock	5568	$17.23	D
Employee Stock Option (Right to Buy)	1/28/2006	1/28/2015	Common Stock	6504	$22.53	D
Employee Stock Option (Right to Buy)	11/18/2006	11/18/2015	Common Stock	20190	$24.1075	D
Stock Appreciation Right	2/4/2012	2/4/2021	Common Stock	13137	$49.30	D
Stock Appreciation Right	2/4/2015	2/4/2021	Common Stock	10184	$49.30	D
Stock Appreciation Right	1/26/2007	1/26/2016	Common Stock	6632	$24.4675	D
Stock Appreciation Right	1/19/2008	1/19/2017	Common Stock	5816	$29.61	D
Stock Appreciation Right	1/24/2009	1/24/2018	Common Stock	8032	$37.30	D
Stock Appreciation Right	2/5/2010	2/10/2019	Common Stock	15393	$29.29	D
Stock Appreciation Right	2/5/2011	2/5/2020	Common Stock	13053	$32.98	D

Explanation of Responses:
(1)	Conversion occurs on a one-for-one basis.
(2)	Phantom Exercise Date
(3)	The Program does not have specified expiration dates.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Russell David Eric 1441 GARDINER LANE LOUISVILLE, KY 40213			Vice President, Controller

Signatures
/s/ M. Gayle Hobson		2/22/2011
^** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.