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 *

CROCE MICHAEL
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)

PO BOX 32890
3. Date of Earliest Transaction (MM/DD/YYYY)

2/25/2020
(Street)

LOUISVILLE, KY 40232
(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         7277 (1)I by 401k/ESOP-fbo Michael Croce 
Common Stock         12843 (2)D  

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Appreciation Right $35.9000           2/20/2019 2/20/2028 Common Stock 3162  3162 D  
Stock Appreciation Right $15.8400           3/15/2012 3/15/2021 Common Stock 1500  1500 D  
Stock Appreciation Right $15.2400           2/20/2013 2/20/2022 Common Stock 1500  1500 D  
Stock Appreciation Right $19.4400           6/24/2015 6/24/2024 Common Stock 3240  3240 D  
Stock Appreciation Right $22.9600           3/17/2016 3/17/2025 Common Stock 4236  4236 D  
Stock Appreciation Right $25.7600           3/15/2017 3/15/2026 Common Stock 5979  5979 D  
Stock Appreciation Right $40.0000           3/21/2018 3/21/2027 Common Stock 3222  3222 D  
Stock Appreciation Right $36.6500           2/19/2020 2/19/2029 Common Stock 3226  3226 D  
Stock Appreciation Right $37.30 2/25/2020  A   3801    2/25/2021 2/25/2030 Common Stock 3801 $0 3801 D  

Explanation of Responses:
(1) Includes employer contribution with automatic dividend reinvestment
(2) Includes shares acquired through automatic dividend reinvestment.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
CROCE MICHAEL
PO BOX 32890
LOUISVILLE, KY 40232


Executive Vice President

Signatures
/s/ Michael Croce2/26/2020
**Signature of Reporting PersonDate

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