Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
May 11, 2021
________________________
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 11, 2021, 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
223,790,188
1,898,640
278,815
28,768,545
Keith Barr
217,719,780
7,969,069
278,794
28,768,545
Christopher M. Connor
216,559,894
9,129,706
278,043
28,768,545
Brian C. Cornell
210,663,885
15,034,976
268,782
28,768,545
Tanya L. Domier
218,566,152
7,152,507
248,984
28,768,545
David W. Gibbs
225,089,625
612,954
265,064
28,768,545
Mirian M. Graddick-Weir
209,296,796
16,415,835
255,012
28,768,545
Lauren R. Hobart
225,074,756
640,006
252,881
28,768,545
Thomas C. Nelson
215,490,949
10,202,002
274,692
28,768,545
P. Justin Skala
224,054,597
1,629,444
283,602
28,768,545
Elane B. Stock
224,207,639
1,500,556
259,448
28,768,545
Annie Young-Scrivner
224,078,577
1,638,746
250,320
28,768,545
2. The proposal to ratify the appointment of KPMG LLP as the Company's independent auditor for 2021 was approved based upon the following votes:
Votes for approval
246,772,651
Votes against
7,642,123
Abstentions
321,414
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
186,226,577
Votes against
37,491,719
Abstentions
2,249,347
Broker non-votes
28,768,545
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.
