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 *

HEINTZMAN DAVID P
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 of the Board
(Last)          (First)          (Middle)

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

5/18/2020
(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         28070 I By Spouse 
Common Stock 5/18/2020  S  3000 D$30.4093 151670 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 12883  12883 D  
Stock Appreciation Right $15.2400           2/20/2013 2/20/2022 Common Stock 36411  36411 D  
Stock Appreciation Right $15.2600           2/19/2014 2/19/2023 Common Stock 25015  25015 D  
Stock Appreciation Right $19.3700           2/18/2015 2/18/2024 Common Stock 28989  28989 D  
Stock Appreciation Right $22.9600           3/17/2016 3/17/2025 Common Stock 21742  21742 D  
Stock Appreciation Right $25.7600           3/15/2017 3/15/2026 Common Stock 24799  24799 D  
Stock Appreciation Right $40.0000           3/21/2018 3/21/2027 Common Stock 13273  13273 D  

Explanation of Responses:

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
HEINTZMAN DAVID P
PO BOX 32890
LOUISVILLE, KY 40232
X
Chairman of the Board

Signatures
/s/ David Heintzman5/20/2020
**Signature of Reporting PersonDate

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