Sec Form 4 Filing - Hillebrand James A @ Stock Yards Bancorp, Inc. - 2022-05-23

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Hillebrand James A
2. Issuer Name and Ticker or Trading Symbol
Stock Yards Bancorp, Inc. [ SYBT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman & CEO
(Last) (First) (Middle)
PO BOX 32890
3. Date of Earliest Transaction (MM/DD/YY)
05/23/2022
(Street)
LOUISVILLE, KY40232
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 478 I Trust-Directors' Deferred Comp Plan
Common Stock 23,444 I KSOP-fbo James Hillebrand
Common Stock 05/23/2022 J 11,634 D $ 0 0( 1 ) I IRA-fbo Lynn Hillebrand
Common Stock 05/23/2022 J( 2 ) 10,964 D $ 0 86,944 D
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 of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $ 35.9 02/20/2019 02/20/2028 Common Stock 7,423 7,423 D
Stock Appreciation Right $ 19.37 02/18/2015 02/18/2024 Common Stock 16,425 16,425 D
Stock Appreciation Right $ 22.96 03/17/2016 03/17/2025 Common Stock 12,319 12,319 D
Stock Appreciation Right $ 40 03/21/2018 03/21/2027 Common Stock 7,571 7,571 D
Stock Appreciation Right $ 25.76 03/15/2017 03/15/2026 Common Stock 14,428 14,428 D
Stock Appreciation Right $ 39.32 10/01/2019 10/01/2028 Common Stock 25,000 25,000 D
Stock Appreciation Right $ 36.65 02/19/2020 02/19/2029 Common Stock 12,254 12,254 D
Stock Appreciation Right $ 37.3 02/25/2021 02/25/2030 Common Stock 14,482 14,482 D
Stock Appreciation Right $ 50.71 02/25/2022 02/25/2031 Common Stock 8,615 8,615 D
Stock Appreciation Right $ 54.91 02/14/2023 02/14/2032 Common Stock 10,142 10,142 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hillebrand James A
PO BOX 32890
LOUISVILLE, KY40232
X Chairman & CEO
Signatures
/s/ Donna Cleek, by power of attorney 05/25/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person no longer has a reportable beneficial interest.
( 2 )The shares were transferred pursuant to a marital property settlement agreement.

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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.