COMMUNITY TRUST BANCORP INC /KY/ — Director's Dealing 2012

Jan 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMUNITY TRUST BANCORP INC /KY/ (CTBI)
CIK: 0000350852
Period of Report: 2012-01-20

Reporting Person: GOOCH MARK A (Executive Vice Pres./Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-20	Common Stock	M	9983	$16.717	Acquired	23530	Direct
2012-01-20	Common Stock	S	400	$30.87	Disposed	23130	Direct
2012-01-20	Common Stock	S	200	$30.77	Disposed	22930	Direct
2012-01-20	Common Stock	S	100	$30.79	Disposed	22830	Direct
2012-01-20	Common Stock	S	600	$30.78	Disposed	22230	Direct
2012-01-20	Common Stock	S	100	$30.73	Disposed	22130	Direct
2012-01-20	Common Stock	S	100	$30.72	Disposed	22030	Direct
2012-01-20	Common Stock	S	300	$30.71	Disposed	21730	Direct
2012-01-20	Common Stock	S	200	$30.7	Disposed	21530	Direct
2012-01-20	Common Stock	S	1	$30.69	Disposed	21529	Direct
2012-01-20	Common Stock	S	15	$30.67	Disposed	21514	Direct
2012-01-20	Common Stock	S	100	$30.68	Disposed	21414	Direct
2012-01-20	Common Stock	S	100	$30.66	Disposed	21314	Direct
2012-01-20	Common Stock	S	300	$30.65	Disposed	21014	Direct
2012-01-20	Common Stock	S	4600	$30.59	Disposed	16414	Direct
2012-01-20	Common Stock	S	200	$30.5	Disposed	16214	Direct
2012-01-20	Common Stock	S	1500	$30.49	Disposed	14714	Direct
2012-01-20	Common Stock	S	900	$30.48	Disposed	13814	Direct
2012-01-20	Common Stock	S	200	$30.22	Disposed	13614	Direct
2012-01-20	Common Stock	S	67	$30.21	Disposed	13547	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-20	Option	$16.717	M	9983	Disposed	2012-01-29	Common Stock (9983)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10132.3348	Indirect
Common Stock	11345.7404	Indirect

Footnotes

F1: Right to buy pursuant to Management Retention Incentive Stock Option Agreement (CTBI 1998 Stock Option Plan).

F2: Option previously reported as covering 7,500 shares @$22.25 per share, adjusted to reflect 10% stock dividends effective 12/15/02, 12/15/03, and 12/15/04.