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

1. Name and Address of Reporting Person *

Dishman William
2. Issuer Name and Ticker or Trading Symbol

Stock Yards Bancorp, Inc. [ SYBT ]
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
(Last)          (First)          (Middle)

13130 READING ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

2/21/2017
(Street)

GOSHEN, KY 40026
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   2/21/2017     F    193   D $45.45   11808   (1) D    
Common Stock                  3300   (1) I   By Spouse  
Common Stock                  5647   (1) I   by 401k/ESOP-FBO William Dishman  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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   $14.7600                    2/17/2010   2/17/2019   Common Stock   4500     4500   D    
Stock Appreciation Right   $14.0200                    2/16/2011   2/16/2020   Common Stock   9642     9642   D    
Stock Appreciation Right   $15.8400                    3/15/2012   3/15/2021   Common Stock   5758     5758   D    
Stock Appreciation Right   $15.2400                    2/20/2013   2/20/2022   Common Stock   10005     10005   D    
Stock Appreciation Right   $19.3700                    2/18/2015   2/18/2024   Common Stock   8298     8298   D    
Stock Appreciation Right   $22.9600                    3/17/2016   3/17/2025   Common Stock   6343     6343   D    
Stock Appreciation Right   $25.7600                    3/15/2017   3/15/2026   Common Stock   7170     7170   D    

Explanation of Responses:
( 1)  Shares adjusted due to 3 for 2 stock split distributed on May 27, 2016.

Remarks:
All share amount on Table I and Table II as well as exercise pricing in Table II are updated to reflect 3 for 2 split distributed on May 27, 2016.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Dishman William
13130 READING ROAD
GOSHEN, KY 40026


Executive Vice President

Signatures
/s/ William Dishman 2/23/2017
** 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).
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 control number.
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