YUM BRANDS INC

Ticker: YUM CUSIP: 988498101 Class: COM

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015
Shares 128,221 Value ($000) $10,093,557 Avg Close $44.53 Range $40.49 - $48.61
Q4 2014
Shares 153,752 Value ($000) $11,200,833 Avg Close $42.23 Range $38.40 - $45.85