Sec Form 5 Filing - LITTLE TRACY E @ COMMUNITY TRUST BANCORP INC /KY/ - 2010-12-31

FORM 5 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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person LITTLE TRACY E 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 President (Last) (First) (Middle) 100 EAST VINE STREET 3. Date of Earliest Transaction (MM/DD/YY) 12/31/2010 (Street) LEXINGTON, KY40507-1406 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 01/04/2010 J( 1 ) V 15.8972 A $ 25.2 5,375.2634 D Common Stock 04/01/2010 J( 1 ) V 50.5567 A $ 27.09 5,425.8201 D Common Stock 07/01/2010 J( 1 ) V 55.39 A $ 25 5,481.2101 D Common Stock 10/01/2010 J( 1 ) V 51.9402 A $ 27.43 5,533.1503 D Common Stock 12/31/2010 J( 2 ) V 353.0396 A $ 0 ( 2 ) 1,720.8876 I By ESOP Common Stock 12/31/2010 J( 3 ) V 98.2344 A $ 0 ( 3 ) 470.97 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 Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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/YY) 7. Title and Amount of Underlying Securities (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) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Option ( 4 ) $ 27.109 ( 5 ) 01/27/2009 01/27/2014 Common Stock 2,750 ( 5 ) 2,750 D Option ( 4 ) $ 28.636 ( 6 ) 04/27/2009 04/27/2014 Common Stock 16,500 ( 6 ) 19,250 D Option ( 7 ) $ 30.88 01/28/2006 01/28/2015 Common Stock 1,214 20,464 D Option ( 7 ) $ 30.88 01/28/2007 01/28/2015 Common Stock 1,214 21,678 D Option ( 7 ) $ 30.88 01/28/2008 01/28/2015 Common Stock 1,214 22,892 D Option ( 7 ) $ 30.88 01/28/2009 01/28/2015 Common Stock 1,214 24,106 D Option ( 7 ) $ 32.44 01/27/2007 01/27/2016 Common Stock 1,202 25,308 D Option ( 7 ) $ 32.44 01/27/2008 01/27/2016 Common Stock 1,202 26,510 D Option ( 7 ) $ 32.44 01/27/2009 01/27/2016 Common Stock 1,202 27,712 D Option ( 7 ) $ 32.44 01/27/2010 01/27/2016 Common Stock 1,202 28,914 D Option ( 8 ) $ 38.95 01/23/2008 01/23/2017 Common Stock 1,303.75 30,217.75 D Option ( 8 ) $ 38.95 01/23/2009 01/23/2017 Common Stock 1,303.75 31,521.5 D Option ( 8 ) $ 38.95 01/23/2010 01/23/2017 Common Stock 1,303.75 32,825.25 D Option ( 8 ) $ 38.95 01/23/2011 01/23/2017 Common Stock 1,303.75 34,129 D Option ( 9 ) $ 28.32 01/29/2013 01/29/2018 Common Stock 3,750 37,879 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other LITTLE TRACY E 100 EAST VINE STREET LEXINGTON, KY40507-1406 Executive Vice President Signatures Tracy E. Little By: Marilyn T. Justice, Attorney-in-Fact 02/16/2011 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Community Trust Bancorp, Inc. Dividend Reinvestment Plan Shares. ( 2 )These shares were acquired during the fiscal year under the Community Trust Bancorp, Inc. Employee Stock Ownership Plan at a price range of $25.00-$27.43 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, 2010. ( 3 )These shares were acquired during the fiscal year under the Community Trust Bancorp, Inc. 401(k) Plan at a price range of $25.00-$27.43 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, 2010. ( 4 )Right to buy pursuant to Management Retention Incentive Stock Option Agreement (CTBI 1998 Stock Option Plan). ( 5 )Option previously reported as covering 2,500 shares @$29.82 per share, adjusted to reflect 10% stock dividend effective 12/15/04. ( 6 )Option previously reported as covering 15,000 shares @$31.50 per share, adjusted to reflect 10% stock dividend effective 12/15/04. ( 7 )Right to buy pursuant to Incentive Stock Option Agreement (CTBI 1998 Stock Option Plan). ( 8 )Right to buy pursuant to Incentive Stock Option Agreement (CTBI 2006 Stock Option Plan). ( 9 )Right to buy pursuant to Non-Qualified Stock Option Agreement (CTBI 2006 Stock Ownership Incentive Plan).

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).

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