Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
May 19, 2022
________________________
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 5.07
Submission of Matters to a Vote of Security Holders.
The following is a brief description of each matter voted upon at YUM! Brands, Inc. (the “Company”) Annual Meeting of Shareholders held on May 19, 2022, as well as the number of votes cast for or against each matter and the number of abstentions and broker non-votes with respect to each matter.
1.The election of the following directors, who will serve until their respective successors are elected and qualified or until their earlier death or resignation:
Director
For
Against
Abstain
Broker non-votes
Paget L. Alves
213,231,908
1,724,536
339,601
27,901,373
Keith Barr
208,690,761
6,259,857
345,427
27,901,373
Christopher M. Connor
200,847,888
14,108,475
339,682
27,901,373
Brian C. Cornell
201,655,519
13,303,132
337,394
27,901,373
Tanya L. Domier
213,870,478
1,117,585
307,982
27,901,373
David W. Gibbs
214,348,493
613,897
333,655
27,901,373
Mirian M. Graddick-Weir
207,876,390
7,100,438
319,217
27,901,373
Lauren R. Hobart
213,839,116
1,148,44
308,483
27,901,373
Thomas C. Nelson
206,800,625
8,155,756
339,664
27,901,373
P. Justin Skala
213,867,715
1,629,444
342,025
27,901,373
Elane B. Stock
213,869,062
1,113,103
259,448
27,901,373
Annie Young-Scrivner
213,824,085
1,175,528
296,432
28,768,545
2.The proposal to ratify the appointment of KPMG LLP as the Company's independent auditor for 2022 was approved based upon the following votes:
Votes for approval
234,518,534
Votes against
8,313,620
Abstentions
365,264
There were no broker non-votes for this item.
3.The proposal to approve, by non-binding advisory vote, the executive compensation of the Company's named executive officers was approved based upon the following votes:
Votes for approval
111,651,320
Votes against
102,350,846
Abstentions
1,293,879
Broker non-votes
27,901,373
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.