SEC Form 5 · accession 0000350852-15-000023
COMMUNITY TRUST BANCORP INC /KY/ · CTBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jean R Hale
Officer — Chair, President & CEO · Director
Period of report
Dec 31, 2014
Accepted (ET)
Feb 11, 2015 · 2:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350852
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 2, 2014 | J | 260 | $44.36 | A | 111,769 | D | |
| Common Stock | Jan 29, 2014 | G | 100 | $0.00 | D | 111,669 | D | |
| Common StockF2 | Jul 11, 2014 | G | 100 | $0.00 | D | 122,735 | D | |
| Common StockF3 | Dec 31, 2014 | J | 2,597 | $0.00 | A | 19,532 | I | By ESOP |
| Common StockF4 | Dec 31, 2014 | J | 8,644 | $0.00 | A | 65,825 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF5,F6 | $29.491 | holding | — | — | — | Jan 27, 2007 | Jan 27, 2016 | Common Stock | 2,713 | 2,713 | D |
| OptionF5,F6 | $29.491 | holding | — | — | — | Jan 27, 2008 | Jan 27, 2016 | Common Stock | 2,713 | 5,425 | D |
| OptionF5,F6 | $29.491 | holding | — | — | — | Jan 27, 2009 | Jan 27, 2016 | Common Stock | 2,713 | 8,138 | D |
| OptionF5,F6 | $29.491 | holding | — | — | — | Jan 27, 2010 | Jan 27, 2016 | Common Stock | 2,713 | 10,850 | D |
| OptionF7,F8 | $35.409 | holding | — | — | — | Jan 23, 2008 | Jan 23, 2017 | Common Stock | 3,107 | 13,957 | D |
| OptionF7,F8 | $35.409 | holding | — | — | — | Jan 23, 2009 | Jan 23, 2017 | Common Stock | 3,107 | 17,064 | D |
| OptionF7,F8 | $35.409 | holding | — | — | — | Jan 23, 2010 | Jan 23, 2017 | Common Stock | 3,107 | 20,170 | D |
| OptionF7,F8 | $35.409 | holding | — | — | — | Jan 23, 2011 | Jan 23, 2017 | Common Stock | 3,107 | 23,277 | D |
| OptionF9,F10 | $25.745 | holding | — | — | — | Jan 29, 2013 | Jan 29, 2018 | Common Stock | 6,875 | 30,152 | D |
Explanation of responses
- F1Community Trust Bancorp, Inc. Dividend Reinvestment Plan Shares.
- F10Option previously reported as covering 6,250 shares @$28.32 per share, adjusted to reflect the 10% stock dividend effective 06/02/14.
- F2On 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 11,165.8642 shares directly.
- F3These 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.
- F4These 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.
- F5Right to buy pursuant to Incentive Stock Option Agreement (CTBI 1998 Stock Option Plan).
- F6Option previously reported as covering 2,466 shares @$32.44 per share, adjusted to reflect the 10% stock dividend effective 06/02/14.
- F7Right to buy pursuant to Incentive Stock Option Agreement (CTBI 2006 Stock Option Plan).
- F8Option previously reported as covering 2,466 shares @$32.44 per share, adjusted to reflect the 10% stock dividend effective 06/02/14.
- F9Right to buy pursuant to Non-Qualified Stock Option Agreement (CTBI 2006 Stock Ownership Incentive Plan).