Sec Form 4 Filing - HALE JEAN R @ COMMUNITY TRUST BANCORP INC /KY/ - 2013-10-24

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person HALE JEAN R 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) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chairman, President & CEO (Last) (First) (Middle) PO BOX 2947 3. Date of Earliest Transaction (MM/DD/YY) 10/24/2013 (Street) PIKEVILLE, KY41502-2947 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 10/24/2013 M 8,250 A $ 27.109 119,394.0996 D Common Stock 10/24/2013 S 8,250 D $ 43.088 111,144.0996 D Common Stock 16,934.6405 I By: ESOP Common Stock 57,040.4844 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature o f Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Option ( 1 ) $ 27.109 10/24/2013 M 8,250 01/27/2009 01/27/2014 Common Stock 8,250 $ 27.109 0 D Option ( 2 ) $ 30.88 01/28/2006 01/28/2015 Common Stock 2,388 2,388 D Option ( 2 ) $ 30.88 01/28/2007 01/28/2015 Common Stock 2,388 4,776 D Option ( 2 ) $ 30.88 01/28/2008 01/28/2015 Common Stock 2,388 7,164 D Option ( 2 ) $ 30.88 01/28/2009 01/28/2015 Common Stock 2,388 9,552 D Option ( 2 ) $ 32.44 01/27/2007 01/27/2016 Common Stock 2,466 12,018 D Option ( 2 ) $ 32.44 01/27/2008 01/27/2016 Common Stock 2,466 14,484 D Option ( 2 ) $ 32.44 01/27/2009 01/27/2016 Common Stock 2,466 16,950 D Option ( 2 ) $ 32.44 01/27/2010 01/27/2016 Common Stock 2,466 19,416 D Option ( 3 ) $ 38.95 01/23/2008 01/23/2017 Common Stock 2,824.25 22,240.25 D Option ( 3 ) $ 38.95 01/23/2009 01/23/2017 Common Stock 2,824.25 25,064.5 D Option ( 3 ) $ 38.95 01/23/2010 01/23/2017 Common Stock 2,824.25 27,888.75 D Option ( 3 ) $ 38.95 01/23/2011 01/23/2017 Common Stock 2,824.25 30,713 D Option ( 4 ) $ 28.32 01/29/2013 01/29/2018 Common Stock 6,250 36,963 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other HALE JEAN R PO BOX 2947 PIKEVILLE, KY41502-2947 X Chairman, President & CEO Signatures Jean R. Hale By: Marilyn T. Justice, Attorney-in-Fact 10/28/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Right to buy pursuant to Management Retention Incentive Stock Option Agreement (CTBI 1998 Stock Option Plan). ( 2 )Right to buy pursuant to Incentive Stock Option Agreement (CTBI 1998 Stock Option Plan). ( 3 )Right to buy pursuant to Incentive Stock Option Agreement (CTBI 2006 Stock Option Plan). ( 4 )Right to buy pursuant to Non-Qualified Stock Option Agreement (CTBI 2006 Stock Ownership Incentive Plan).

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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