FORM 4
[ ] 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 OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

THOMPSON KATHY C 		2. Issuer Name and Ticker or Trading Symbol

S Y BANCORP INC [ SYBT ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Sr. Executive Vice President
(Last)          (First)          (Middle)

6804 FAIRWAY VIEW CT. 		3. Date of Earliest Transaction (MM/DD/YYYY)

4/21/2014
(Street)

PROSPECT, KY 40059
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   4/21/2014     F    75   D $29.64   32626.324   D  
 
Common Stock                  18848.9217   (1) I   By ESOP/401k-fbo Kathy Thompson  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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 (Right to Buy)   $22.8095                    6/14/2005   6/14/2014   Common Stock   9345     9345   D  
 
Option (Right to Buy)   $24.0667                    7/17/2006   11/7/2016   Common Stock   14700     14700   D  
 
Option (Right to Buy)   $26.83                    8/20/2007   2/20/2017   Common Stock   9500     9500   D  
 
Stock Appreciation Right   $22.14                    2/17/2010   2/17/2019   Common Stock   5500     1100   D  
 
Stock Appreciation Right   $21.03                    2/16/2011   2/16/2020   Common Stock   9011     9011   D  
 
Stock Appreciation Right   $23.76                    3/15/2012   3/15/2021   Common Stock   6116     6116   D  
 
Stock Appreciation Right   $22.86                    2/20/2013   2/20/2022   Common Stock   10640     10640   D  
 
Stock Appreciation Right   $29.05                    12/18/2015   12/18/2024   Common Stock   8787     8787   D  
 

Explanation of Responses:
( 1)  Includes annual employer contribution.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
THOMPSON KATHY C
6804 FAIRWAY VIEW CT.
PROSPECT, KY 40059 		X
Sr. Executive Vice President

Signatures
//Kathy C. Thompson 4/23/2014
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
S.Y. Bancorp - Cumulative Trust Preferred Stock (MM) (NASDAQ:SYBTP)
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