X0306 4 2013-01-02 0 0001000232 KENTUCKY BANCSHARES INC /KY/ KTYB.OB 0001398363 Bragonier Brenda S PO BOX 157 PARIS KY 40362-0157 0 1 0 0 Sr VP, Dir of Marketing & HR Common Shares 2013-01-02 4 A 0 165 0 A 7271 D Employee Stock Option (Right to Buy) 33.90 2014-01-02 Common Shares 400 400 D Employee Stock Option (Right to Buy) 30.50 2015-01-03 Common Shares 400 400 D The option became or becomes, as the case may be, exercisable in 5 equal annual installments beginning on the first anniversary of the date of grant, which is 10 years before the expiration date reported. Brenda Bragonier 2013-01-04