YUM BRANDS INC (Form: 3, Received: 08/06/2019 10:23:20)

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 ^*
Starrs Artie
2. Date of Event Requiring Statement (MM/DD/YYYY) 8/5/2019
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)
CEO - Pizza Hut /

(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 160 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

Phantom Stock ⁽¹⁾ ⁽²⁾ Common Stock 516.6622 ⁽³⁾ D

Phantom Stock ⁽¹⁾ ⁽²⁾ Common Stock 1294.6626 ⁽³⁾ D

Phantom Stock ⁽¹⁾ ⁽²⁾ Common Stock 1391.9623 ⁽³⁾ D

Phantom Stock ⁽¹⁾ ⁽⁴⁾ Common Stock 555.4916 ⁽³⁾ D

Phantom Stock ⁽¹⁾ ⁽²⁾ Common Stock 41.5988 ⁽³⁾ D

Phantom Stock ⁽¹⁾ ⁽⁴⁾ Common Stock 210.4614 ⁽³⁾ D

Phantom Stock ⁽¹⁾ ⁽²⁾ Common Stock 3527.6034 ⁽³⁾ D

Phantom Stock ⁽¹⁾ ⁽²⁾ Common Stock 1175.8678 ⁽³⁾ D

Phantom Stock ⁽¹⁾ ⁽²⁾ Common Stock 173.0554 ⁽³⁾ D

Phantom Stock ⁽¹⁾ ⁽²⁾ Common Stock 5435.1276 ⁽³⁾ D

Phantom Stock ⁽¹⁾ ⁽²⁾ Common Stock 1811.7092 ⁽³⁾ D

Stock Appreciation Right 2/5/2017 ⁽⁵⁾ 2/5/2026 Common Stock 17197 $49.66 D

Stock Appreciation Right 2/5/2015 ⁽⁵⁾ 2/5/2024 Common Stock 6175 $50.22 D

Stock Appreciation Right 2/6/2016 ⁽⁵⁾ 2/6/2025 Common Stock 10213 $52.64 D

Stock Appreciation Right 2/6/2019 2/6/2025 Common Stock 13527 $52.64 D

Stock Appreciation Right 2/10/2018 ⁽⁵⁾ 2/10/2027 Common Stock 38733 $68.00 D

Stock Appreciation Right 2/12/2019 ⁽⁵⁾ 2/12/2028 Common Stock 51830 $78.07 D

Stock Appreciation Right 2/12/2022 2/12/2028 Common Stock 60976 $78.07 D

Stock Appreciation Right 2/11/2020 ⁽⁵⁾ 2/11/2029 Common Stock 42779 $93.26 D

Explanation of Responses:

(1) Payments are made in accordance with elections on file.

(2) Phantom units accrued under the YUM! Brands, Inc. Executive Income Deferral Program do not have expiration dates.

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

(4) The YUM! Brands, Inc. Executive Income Deferral Program does not have specified expiration dates.

(5) Vesting occurs 25% per year beginning one year from grant date.

Reporting Owners

Reporting Owner Name / Address Relationships

Director 10% Owner Officer Other

Starrs Artie
1441 GARDINER LANE
LOUISVILLE, KY 40213

CEO - Pizza Hut

Signatures

/s/ M. Gayle Hobson, POA 8/6/2019

^** 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	160	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)
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	⁽¹⁾	⁽²⁾	Common Stock	516.6622	⁽³⁾	D
Phantom Stock	⁽¹⁾	⁽²⁾	Common Stock	1294.6626	⁽³⁾	D
Phantom Stock	⁽¹⁾	⁽²⁾	Common Stock	1391.9623	⁽³⁾	D
Phantom Stock	⁽¹⁾	⁽⁴⁾	Common Stock	555.4916	⁽³⁾	D
Phantom Stock	⁽¹⁾	⁽²⁾	Common Stock	41.5988	⁽³⁾	D
Phantom Stock	⁽¹⁾	⁽⁴⁾	Common Stock	210.4614	⁽³⁾	D
Phantom Stock	⁽¹⁾	⁽²⁾	Common Stock	3527.6034	⁽³⁾	D
Phantom Stock	⁽¹⁾	⁽²⁾	Common Stock	1175.8678	⁽³⁾	D
Phantom Stock	⁽¹⁾	⁽²⁾	Common Stock	173.0554	⁽³⁾	D
Phantom Stock	⁽¹⁾	⁽²⁾	Common Stock	5435.1276	⁽³⁾	D
Phantom Stock	⁽¹⁾	⁽²⁾	Common Stock	1811.7092	⁽³⁾	D
Stock Appreciation Right	2/5/2017 ⁽⁵⁾	2/5/2026	Common Stock	17197	$49.66	D
Stock Appreciation Right	2/5/2015 ⁽⁵⁾	2/5/2024	Common Stock	6175	$50.22	D
Stock Appreciation Right	2/6/2016 ⁽⁵⁾	2/6/2025	Common Stock	10213	$52.64	D
Stock Appreciation Right	2/6/2019	2/6/2025	Common Stock	13527	$52.64	D
Stock Appreciation Right	2/10/2018 ⁽⁵⁾	2/10/2027	Common Stock	38733	$68.00	D
Stock Appreciation Right	2/12/2019 ⁽⁵⁾	2/12/2028	Common Stock	51830	$78.07	D
Stock Appreciation Right	2/12/2022	2/12/2028	Common Stock	60976	$78.07	D
Stock Appreciation Right	2/11/2020 ⁽⁵⁾	2/11/2029	Common Stock	42779	$93.26	D

Explanation of Responses:
(1)	Payments are made in accordance with elections on file.
(2)	Phantom units accrued under the YUM! Brands, Inc. Executive Income Deferral Program do not have expiration dates.
(3)	Conversion occurs on a one-for-one basis.
(4)	The YUM! Brands, Inc. Executive Income Deferral Program does not have specified expiration dates.
(5)	Vesting occurs 25% per year beginning one year from grant date.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Starrs Artie 1441 GARDINER LANE LOUISVILLE, KY 40213			CEO - Pizza Hut

Signatures
/s/ M. Gayle Hobson, POA		8/6/2019
^** 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.