SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HALE JEAN R
(Last) (First) (Middle)
PO BOX 2947
(Street)
PIKEVILLE KY 41502-2947
(City) (State) (Zip)
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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/03/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
 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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 11/03/2005 M 35,431.22 A $11.574 108,678.8103(1) D
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. 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: 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(2) $11.574 11/03/2005 M(3) 35,431.22 04/25/2001 04/25/2006 Common Stock 35,431.22 $11.574 0 D
Option(2) $13.971 01/21/1997 J(4) 0 01/21/2002 01/21/2007 Common Stock 8,857.81 $13.971 8,857.81 D
Option(5) $13.828 01/21/1997 J(6) 1,874.6325 01/21/1998 01/21/2007 Common Stock 1,874.6325 $13.828 1,874.6325 D
Option(5) $13.828 01/21/1997 J(6) 1,874.6325 01/21/1999 01/21/2007 Common Stock 1,874.6325 $13.828 1,874.6325 D
Option(5) $13.828 01/21/1997 J(6) 1,874.6325 01/21/2000 01/21/2007 Common Stock 1,874.6325 $13.828 1,874.6325 D
Option(5) $13.828 01/21/1997 J(6) 1,874.6325 01/21/2001 01/21/2007 Common Stock 1,874.6325 $13.828 1,874.6325 D
Option(2) $15.368 07/27/1999 J(7) 29,282 07/24/2004 07/27/2009 Common Stock 29,282 $15.368 29,282 D
Option(8) $13.233 01/25/2000 J(9) 2,976 01/25/2003 01/25/2010 Common Stock 2,976 $13.233 2,976 D
Option(8) $13.233 01/25/2000 J(9) 2,976 01/25/2004 01/25/2010 Common Stock 2,976 $13.233 2,976 D
Option(2) $11.833 01/23/2001 J(10) 13,310 01/23/2006 01/23/2011 Common Stock 13,310 $11.833 13,310 D
Option(2) $16.717 01/29/2002 J(11) 13,310 01/29/2007 01/29/2012 Common Stock 13,310 $16.717 13,310 D
Option(8) $20.983 01/17/2003 J(12) 3,097.5 01/17/2004 01/17/2013 Common Stock 3,097.5 $20.983 3,097.5 D
Option(8) $20.983 01/17/2003 J(12) 3,097.5 01/17/2005 01/17/2013 Common Stock 3,097.5 $20.983 3,097.5 D
Option(8) $20.983 01/17/2003 J(12) 3,097.5 01/17/2006 01/17/2013 Common Stock 3,097.5 $20.983 3,097.5 D
Option(8) $20.983 01/17/2003 J(12) 3,097.5 01/17/2007 01/17/2013 Common Stock 3,097.5 $20.983 3,097.5 D
Option(2) $27.109 01/27/2004 J(13) 8,250 01/27/2009 01/27/2014 Common Stock 8,250 $27.109 8,250 D
Option(8) $30.88 01/28/2005 J 2,388 01/28/2006 01/28/2015 Common Stock 2,388 $30.88 2,388 D
Option(8) $30.88 01/28/2005 J 2,388 01/28/2007 01/28/2015 Common Stock 2,388 $30.88 2,388 D
Option(8) $30.88 01/28/2005 J 2.388 01/28/2008 01/28/2015 Common Stock 2,388 $30.88 2,388 D
Option(8) $30.88 01/28/2005 J 2,388 01/28/2009 01/28/2015 Common Stock 2,388 $30.88 2,388 D
Explanation of Responses:
1. Includes 759.1725 Dividend Reinvestment Shares acquired in 2005.
2. Right to buy pursuant to Management Retention Incentive Stock Option Plan.
3. Option previously reported as covering 20,000 shares @$20.50 per share, adjusted to reflect 10% stock dividends effective 04/15/97, 04/15/99, 04/15/00, 12/15/02, 12/15/03, & 12/15/04.
4. Option previously reported as covering 5,000 shares @$24.75 per share, adjusted to reflect 10% stock dividends effective 4/15/97, 4/15/99, 4/15/00, 12/15/02, 12/15/03, & 12/15/04.
5. Right to buy pursuant to Third Restated PNC 1989 Stock Option Plan.
6. Option previously reported as covering 1,058.25 shares @$24.50 per share, adjusted to reflect 10% stock dividends effective 4/15/97, 4/15/99, 4/15/00, 12/15/02, 12/15/03 & 12/15/04.
7. Option previously reported as covering 20,000 shares @$22.50 per share, adjusted to reflect 10% stock dividends effective 4/15/00, 12/15/02, 12/15/03 & 12/15/04.
8. Right to buy pursuant to the CTBI 1998 Stock Option Plan.
9. Option previously reported as covering 2,032 shares @$19.375 per share, adjusted to reflect 10% stock dividends effective 04/15/00, 12/15/02, 12/15/03, & 12/15/04.
10. Option previously reported as covering 10,000 shares @$15.75 per share, adjusted to reflect 10% stock dividends effective 12/15/02, 12/15/03, & 12/15/04.
11. Option previously reported as covering 10,000 shares @$22.25 per share, adjusted to reflect 10% stock dividends effective 12/15/02, 12/15/03 & 12/15/04.
12. Option previously reported as covering 2,560 shares @$25.35 per share, adjusted to reflect 10% stock dividends effective 12/15/03 & 12/15/04.
13. Option previously reported as covering 7,500 shares @$29.82 per share, adjusted to reflect the 10% stock dividend effective 12/15/04.
Jean R. Hale By: Marilyn T. Justice, Attorney-in-Fact 11/04/2005
** Signature of Reporting Person Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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