Edgar Filing: YUM BRANDS INC

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0287

Expires:

January 31, 2005

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

MOORE GREGORY N

2. Issuer Name and Ticker or Trading Symbol
YUM BRANDS INC [YUM]

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

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Sr. VP and Controller

(Last)

(First)

(Middle)

3. Date of Earliest Transaction (Month/Day/Year)
03/21/2005

(Street)

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/21/2005	03/21/2005	M		16,266 ⁽¹⁾	A	$ 15.14	17,573.19	D
Common Stock	03/21/2005	03/21/2005	S		81 ⁽¹⁾	D	$ 49.95	17,492.19	D
Common Stock	03/21/2005	03/21/2005	S		364 ⁽¹⁾	D	$ 49.96	17,128.19	D
Common Stock	03/21/2005	03/21/2005	S		1,457 ⁽¹⁾	D	$ 49.97	15,671.19	D
Common Stock	03/21/2005	03/21/2005	S		202 ⁽¹⁾	D	$ 49.98	15,469.19	D
Common Stock	03/21/2005	03/21/2005	S		850 ⁽¹⁾	D	$ 49.99	14,619.19	D
Common Stock	03/21/2005	03/21/2005	S		526 ⁽¹⁾	D	$ 50	14,093.19	D
Common Stock	03/21/2005	03/21/2005	S		40 ⁽¹⁾	D	$ 50.01	14,053.19	D
Common Stock	03/21/2005	03/21/2005	S		405 ⁽¹⁾	D	$ 50.02	13,648.19	D
Common Stock	03/21/2005	03/21/2005	S		648 ⁽¹⁾	D	$ 50.03	13,000.19	D
Common Stock	03/21/2005	03/21/2005	S		283 ⁽¹⁾	D	$ 50.04	12,717.19	D
Common Stock	03/21/2005	03/21/2005	S		283 ⁽¹⁾	D	$ 50.05	12,434.19	D
Common Stock	03/21/2005	03/21/2005	S		162 ⁽¹⁾	D	$ 50.06	12,272.19	D
Common Stock	03/21/2005	03/21/2005	S		688 ⁽¹⁾	D	$ 50.07	11,584.19	D
Common Stock	03/21/2005	03/21/2005	S		243 ⁽¹⁾	D	$ 50.08	11,341.19	D
Common Stock	03/21/2005	03/21/2005	S		405 ⁽¹⁾	D	$ 50.09	10,936.19	D
Common Stock	03/21/2005	03/21/2005	S		1,052 ⁽¹⁾	D	$ 50.1	9,884.19	D
Common Stock	03/21/2005	03/21/2005	S		243 ⁽¹⁾	D	$ 50.11	9,641.19	D
Common Stock	03/21/2005	03/21/2005	S		121 ⁽¹⁾	D	$ 50.12	9,520.19	D
Common Stock	03/21/2005	03/21/2005	S		81 ⁽¹⁾	D	$ 50.13	9,439.19	D
Common Stock	03/21/2005	03/21/2005	S		2,874 ⁽¹⁾	D	$ 50.14	6,565.19	D
Common Stock	03/21/2005	03/21/2005	S		5,100 ⁽¹⁾	D	$ 50.15	1,465.19	D
Common Stock	03/21/2005	03/21/2005	S		158 ⁽¹⁾	D	$ 50.16	1,307.19	D
Common Stock	03/21/2005	03/21/2005	M		734 ⁽¹⁾	A	$ 16.7825	2,041.19	D
Common Stock	03/21/2005	03/21/2005	S		4 ⁽¹⁾	D	$ 50.16	2,037.19	D
Common Stock	03/21/2005	03/21/2005	S		81 ⁽¹⁾	D	$ 50.17	1,956.19	D
Common Stock	03/21/2005	03/21/2005	S		283 ⁽¹⁾	D	$ 50.18	1,673.19	D
Common Stock	03/21/2005	03/21/2005	S		243 ⁽¹⁾	D	$ 50.19	1,430.19	D
Common Stock	03/21/2005	03/21/2005	S		123 ⁽¹⁾	D	$ 50.26	1,307.19	D
Common Stock								902	I	By son

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (right to buy)

$ 15.14

03/21/2005

16,266 ⁽¹⁾

01/27/2004

01/27/2010

Common Stock

16,266

$ 15.14

Common Stock

$ 16.7825

03/21/2005

734 ⁽¹⁾

01/25/2005

01/25/2011

Common Stock

734

$ 16.7825

24,590

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
MOORE GREGORY N			Sr. VP and Controller

Signatures

Gregory N. Moore		03/21/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).
(1)	Shares exercised and sold pursuant to SEC 10b5-1 plan.

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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