Current Report Filing (8-k)

Date : 01/13/2020 @ 10:05PM
Source : Edgar (US Regulatory)
Stock : Yum Brands Inc (YUM)
Quote : 103.51  -0.36 (-0.35%) @ 12:48AM
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Current Report Filing (8-k)

false0001041061 0001041061 2020-01-12 2020-01-12


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

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

January 12, 2020
________________________
YUM! BRANDS, INC.
(Exact name of registrant as specified in its charter)

Commission file number 1-13163

 
North Carolina
 
13-3951308
 
 
(State or other jurisdiction of
 
(I.R.S. Employer
 
 
incorporation or organization)
 
Identification No.)
 
 
 
 
 
 
 
 
 
1441 Gardiner Lane,
Louisville,
Kentucky
 
40213
 
 
(Address of principal executive offices)
 
(Zip Code)
 
 
 
 
 
 
 
 
 
Registrant’s telephone number, including area code:
(502)
874-8300
 
 
 
 
 
 
 
Former name or former address, if changed since last report:
N/A
 
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act
 
 
 
 
 
 
 
Title of Each Class
Trading Symbol
Name of Each Exchange on Which Registered
 
 
Common Stock, no par value
YUM
New York Stock Exchange
 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 





Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


(d) On January 12, 2020, the Board of Directors of Yum! Brands, Inc. (the “Company”) appointed Keith Barr and Annie Young-Scrivner as directors. Their appointment is effective January 24, 2020, and each will stand for election to the Board by shareholders at the Company’s next Annual Meeting. As of the date of this filing, neither Mr. Barr nor Ms. Young-Scrivner has been appointed to a committee of the Board. Consistent with the Company's standard compensation arrangements for non-employee directors, which are described in the Company's most recent proxy statement, Mr. Barr and Ms. Young-Scrivner will each receive a one-time stock grant with a fair market value of $25,000 on January 24, 2020 and a prorated portion of their annual stock retainer. There is no arrangement or understanding between Mr. Barr or Ms. Young-Scrivner or any other person pursuant to which they were selected as a director.






SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
 
 
YUM! BRANDS, INC.
 
 
 
 
(Registrant)
 



Date:
January 13, 2020
 
/s/ Scott Catlett
 
 
 
 
General Counsel and Corporate Secretary
 



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