SEC FORM 5

SEC Form 5

FORM 5

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

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

Jones David Andrew

(Last)

(First)

(Middle)

1544 WINCHESTER AVENUE

(Street)

ASHLAND

41101

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
COMMUNITY TRUST BANCORP INC /KY/ [ CTBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Vice President

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2016

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2016		J⁽¹⁾	23.2523	A	$35.79	3,468.7563	D
Common Stock	07/01/2016		J⁽¹⁾	24.5654	A	$34.17	3,493.3217	D
Common Stock	12/31/2016		J⁽²⁾	552.651	A	$0⁽³⁾	7,678.8245	I	By ESOP
Common Stock	12/31/2016		J⁽³⁾	138.067	A	$0⁽³⁾	2,077.5932	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option⁽⁴⁾	$27.109⁽⁵⁾						01/27/2010	01/27/2019	Common Stock	68.75⁽⁵⁾		68.75	D
Option⁽⁴⁾	$27.109⁽⁵⁾						01/27/2011	01/27/2019	Common Stock	68.75⁽⁵⁾		137.5	D
Option⁽⁴⁾	$27.109⁽⁵⁾						01/27/2012	01/27/2019	Common Stock	68.75⁽⁵⁾		206.25	D
Option⁽⁴⁾	$27.109⁽⁵⁾						01/27/2013	01/27/2019	Common Stock	68.75⁽⁵⁾		275	D
Option⁽⁴⁾	$22.809⁽⁶⁾						01/26/2011	01/26/2020	Common Stock	103.25⁽⁶⁾		378.25	D
Option⁽⁴⁾	$22.809⁽⁶⁾						01/26/2012	01/26/2020	Common Stock	103.25⁽⁶⁾		481.5	D
Option⁽⁴⁾	$22.809⁽⁶⁾						01/26/2013	01/26/2020	Common Stock	103.25⁽⁶⁾		584.75	D
Option⁽⁴⁾	$22.809⁽⁶⁾						01/26/2014	01/26/2020	Common Stock	103.25⁽⁶⁾		688	D
Option⁽⁷⁾	$32.27						01/27/2020	01/27/2025	Common Stock	10,000		10,688	D

Explanation of Responses:

1. Community Trust Bancorp, Inc. Dividend Reinvestment Plan Shares

2. These shares were acquired during the fiscal year under the Community Trust Bancorp, Inc. Employee Stock Ownership Plan at a price range of $34.10-$36.50 per share in transactions that were exempt from Section 16(b) by virtue of old rule 16a-8(b). The information reported herein is based on plan statement dated December 31, 2016.

3. These shares were acquired during the fiscal year under the Community Trust Bancorp, Inc. 401(k) Plan at a price range of $34.10-$36.50 per share in transactions that were exempt by virtue of old rule 16a-8(b) and new Rule 16b-3(d) (2). The information reported herein is based on plan statement dated December 31, 2016.

4. Right to buy pursuant to Incentive Stock Option Agreement (CTBI 2006 Stock Option Plan)

5. Option previously reported as covering 62.50 shares @$29.82 per share, adjusted to reflect the 10% stock dividend effective 06/02/14.

6. Option previously reported as covering 93.75 shares @$25.09 per share, adjusted to reflect the 10% stock dividend effective 06/02/14.

7. Right to buy pursuant to Incentive Stock Option Agreement (CTBI 2015 Stock Option Plan)

	David Andrew Jones By: Marilyn T. Justice, Attorney-in-Fact	01/25/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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