FORM 5
[ ] 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
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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 *

GOOCH MARK A

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 Pres./Secretary

(Last)          (First)          (Middle)

PO BOX 2947

3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY)
12/31/2014 
(Street)

PIKEVILLE, KY 41502-2947

(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)
Amount (A) or (D) Price
Common Stock   1/2/2014     J   (1) 26.6876   A $44.36   15593.2409   D    
Common Stock   4/1/2014     J   (1) 35.9838   A $42.03   15629.2247   D    
Common Stock   7/1/2014     J   (1) 43.0289   A $35.3   17233.6761   (2) D    
Common Stock   10/1/2014     J   (1) 47.0927   A $33.64   17280.7688   D    
Common Stock   12/31/2014     J   (3) 2081.5179   A $0   (3) 13290.2008   I   By ESOP  
Common Stock   12/31/2014     J   (4) 2123.2212   A $0   (4) 15030.6025   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 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
(MM/DD/YYYY)
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 at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option   (5) $29.491   (6)               1/27/2007   1/27/2016   Common Stock   2076.75   (6)   2076.75   D    
Option   (5) $29.491   (6)               1/27/2008   1/27/2016   Common Stock   2076.75   (6)   4153.5   D    
Option   (5) $29.491   (6)               1/27/2009   1/27/2016   Common Stock   2076.75   (6)   6230.25   D    
Option   (5) $29.491   (6)               1/27/2010   1/27/2016   Common Stock   2076.75   (6)   8307   D    
Option   (7) $35.409   (8)               1/23/2008   1/23/2017   Common Stock   2383   (8)   10690   D    
Option   (7) $35.409   (8)               1/23/2009   1/23/2017   Common Stock   2383   (8)   13073   D    
Option   (7) $35.409   (8)               1/23/2010   1/23/2017   Common Stock   2383   (8)   15456   D    
Option   (7) $35.409   (8)               1/23/2011   1/23/2017   Common Stock   2383   (8)   17839   D    
Option   (9) $25.745   (10)               1/29/2013   1/29/2018   Common Stock   5500   (10)   23339   D    

Explanation of Responses:
( 1)  Community Trust Bancorp, Inc. Dividend Reinvestment Plan Shares.
( 2)  On April 29, 2014, CTBI declared a 10% stock dividend payable to all holders of common stock on record date May 15, 2014, payable June 2, 2014. As a result, the reporting person received an additional 1,561.4225 shares directly.
( 3)  These shares were acquired during the fiscal year under the Community Trust Bancorp, Inc. Employee Stock Ownership Plan at a price range of $33.64-$44.36 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, 2014.
( 4)  These shares were acquired during the fiscal year under the Community Trust Bancorp, Inc. 401(k) Plan at a price range of $33.64-$44.36 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, 2014.
( 5)  Right to buy pursuant to Incentive Stock Option Agreement (CTBI 1998 Stock Option Plan).
( 6)  Option previously reported as covering 1,821 shares @$30.88 per share, adjusted to reflect the 10% stock dividend effective 06/02/14.
( 7)  Right to buy pursuant to Incentive Stock Option Agreement (CTBI 2006 Stock Option Plan).
( 8)  Option previously reported as covering 2,166.25 shares @$38.95 per share, adjusted to reflect the 10% stock dividend effective 06/02/14.
( 9)  Right to buy pursuant to Non-Qualified Stock Option Agreement (CTBI 2006 Stock Ownership Incentive Plan).
( 10)  Option previously reported as covering 5,000 shares @$28.32 per share, adjusted to reflect the 10% stock dividend effective 06/02/14.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
GOOCH MARK A
PO BOX 2947
PIKEVILLE, KY 41502-2947


Executive Vice Pres./Secretary

Signatures
Mark A. Gooch By: Marilyn T. Justice, Attorney-in-Fact 2/10/2015
** 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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