YUM BRANDS INC

Ticker: YUM CUSIP: 988498101 Class: COM

Ionic Capital Management LLC's Holding History (CIK: 0001386462)

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

Q4 2015

Shares 260,660 Value ($000) $19,042 Avg Close $43.30 Range $39.32 - $49.50

Q3 2015

Shares 430,691 Value ($000) $34,434 Avg Close $49.86 Range $42.30 - $54.52

Q2 2015

Shares 547,759 Value ($000) $49,342 Avg Close $51.97 Range $45.86 - $56.57

Q1 2015

Shares 747,759 Value ($000) $58,864 Avg Close $44.53 Range $40.49 - $48.61

Q4 2014

Shares 864,356 Value ($000) $62,968 Avg Close $42.23 Range $38.40 - $45.85

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	260,660	$19,042	$43.30	$39.32 - $49.50
Q3 2015	430,691	$34,434	$49.86	$42.30 - $54.52
Q2 2015	547,759	$49,342	$51.97	$45.86 - $56.57
Q1 2015	747,759	$58,864	$44.53	$40.49 - $48.61
Q4 2014	864,356	$62,968	$42.23	$38.40 - $45.85