Sec Form 4 Filing - VEST DAVID @ REPUBLIC BANCORP INC /KY/ - 2008-04-18

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 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 VEST DAVID 2. Issuer Name and Ticker or Trading Symbol REPUBLIC BANCORP INC /KY/ [ RBCAA] 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) 601 W MARKET STREET 3. Date of Earliest Transaction (MM/DD/YY) 04/18/2008 (Street) LOUISVILLE, KY40202 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 Class A Common Stock 04/18/2008 M 12,154 A $ 8.72 90,235 D Class A Common Stock 04/18/2008 F 5,341 D $ 19.84 84,894 D Class A Common Stock 3,434.005 ( 1 ) I By ESOP Class A Common Stock 9,813 I By 401(k) Plan Class A Common Stock 849 I By son

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 Class B Common Stock ( 2 ) ( 3 ) ( 4 ) Class A Common Stock 2,083 2,083 I By 401(k) Plan Class B Common Stock ( 2 ) ( 3 ) ( 4 ) Class A Common Stock 169 169 I By son Employee Stock Option (right to buy) $ 8.72 04/18/2008 M 12,154 04/11/2008 04/10/2009 Class A Common Stock 12,154 $ 0 0 D Employee Stock Option (right to buy) $ 20.71 05/16/2009 05/15/2010 Class A Common Stock 4,410 4,410 D Employee Stock Option (right to buy) $ 20.71 05/16/2010 05/15/2011 Class A Common Stock 4,410 4,410 D Employee Stock Option (right to buy) $ 20.71 05/16/2011 05/15/2012 Class A Common Stock 4,410 4,410 D Employee Stock Option (right to buy) $ 23.87 12/08/2011 12/07/2012 Class A Common Stock 2,625 2,625 D Employee Stock Option (right to buy) $ 23.87 12/08/2012 12/07/2013 Class A Common Stock 2,625 2,625 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other VEST DAVID 601 W MARKET STREET LOUISVILLE, KY40202 Executive Vice President Signatures /s/ David Vest 04/22/2008 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Includes 393.7698 shares of Class A Common Stock allocated to the reporting person under the ESOP, based oninformation provided by the plan administrator. ( 2 )Conversion from Class B Common Stock to Class A Common Stock is on a share for share basis. ( 3 )Immediate. ( 4 )None.

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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