Sec Form 4 Filing - TRAGER STEVE @ REPUBLIC BANCORP INC /KY/ - 2020-08-13

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 TRAGER STEVE 2. Issuer Name and Ticker or Trading Symbol REPUBLIC BANCORP INC /KY/ [ RBCAA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chairman and CEO (Last) (First) (Middle) 601 WEST MARKET STREET 3. Date of Earliest Transaction (MM/DD/YY) 08/13/2020 (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 81,276 D Class A Common Stock 7,478 I By Spouse ( 8 ) Class A Common Stock 12,085 I By 401(k) Plan Class A Common Stock 08/14/2020 S 225 D $ 32.31 0 ( 3 ) ( 5 ) I By LP Trust 2 ( 3 ) ( 5 ) Class A Common Stock 08/15/2020 S 0 ( 7 ) D $ 32.31 482,753.998 ( 6 ) ( 7 ) I By Jaytee Properties Limited Partnership ( 1 ) ( 3 ) Class A Common Stock 08/15/2020 S 0 ( 7 ) D $ 32.31 5,448,168.641 ( 5 ) ( 6 ) ( 7 ) I By Teebank Family Limited Partnership ( 2 ) ( 3 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, cal ls, 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 ( 9 ) ( 10 ) ( 11 ) Class A Common Stock 17,014 17,014 D Class B Common Stock ( 9 ) ( 10 ) ( 11 ) Class A Common Stock 1,214.5 1,214.5 I By 401(k) Plan Class B Common Stock ( 9 ) 08/13/2020 G V 142,764 ( 10 ) ( 11 ) Class A Common Stock 142,764 ( 4 ) $ 0 ( 4 ) 814,347 ( 3 ) ( 5 ) I By LP Trust 2 ( 3 ) ( 5 ) Class B Common Stock ( 9 ) 08/14/2020 S 814,347 ( 10 ) ( 11 ) Class A Common Stock 814,347 $ 32.31 0 ( 3 ) ( 5 ) I By LP Trust 2 ( 3 ) ( 5 ) Class B Common Stock ( 9 ) 08/15/2020 S 0 ( 7 ) ( 10 ) ( 11 ) Class A Common Stock 0 ( 7 ) $ 32.31 108,169.715 ( 6 ) ( 7 ) I By Jaytee Properties Limited Partnership ( 1 ) ( 3 ) Class B Common Stock ( 9 ) 08/15/2020 S 0 ( 7 ) ( 10 ) ( 11 ) Class A Common Stock 0 ( 7 ) $ 32.31 714,339.17 ( 5 ) ( 6 ) ( 7 ) I By Teebank Family Limited Partnership ( 2 ) ( 3 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other TRAGER STEVE 601 WEST MARKET STREET LOUISVILLE, KY40202 X X Chairman and CEO Signatures /s/ Steven E. Trager 08/17/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Jaytee Properties Limited Partnership ("Jaytee") is a family limited partnership. A trust ("GP Trust 1") in which the Reporting Person is a trustee is a co-General Partner of Jaytee. A trust ("GP Trust 2") in which the Reporting Person and his mother are co-trustees is the other co-General Partner of Jaytee. The Reporting Person is also the trustee of multiple trusts (the "LP Trusts") for the benefit of the Reporting Person and certain of the Reporting Person's immediate family members. The LP Trusts are limited partners of Jaytee. The Reporting Person di sclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. ( 2 )Teebank Family Limited Partnership ("Teebank") is a family limited partnership. GP Trust 1 and GP Trust 2 are co-General Partners of Teebank. The LP Trusts are limited partners of Teebank. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. ( 3 )The Reporting Person is the sole trustee of two LP Trusts ("LP Trust 1" and "LP Trust 2," respectively) the beneficiary of which is the Reporting Person's mother. The Reporting Person is also the sole trustee of two additional LP Trusts, the sole beneficiaries of which are the Reporting Person's two children ("LP Trust 3" and "LP Trust 4," respectively). On 08/13/2020, LP Trust 1 dissolved and all of its assets were transferred to LP Trust 2 for no consideration. The transferred assets included: 225 shares of Issuer Class A Common Stock, 671,583 shares of Issuer Class B Common Stock, 76,031 Jaytee LP Units and 293,541 Teebank LP Units. The Reporting Person previously reported the shares of Issuer stock held by LP Trust 1 as indirectly owned "By Trager Marital Trust". The Reporting Person continues to report indirect beneficial ownership of the shares of Issuer stock underlying LP Units through Teebank and Jaytee. ( 4 )On 08/13/2020, the Reporting Person's mother gifted 142,764 shares of Issuer Class B Common Stock to LP Trust 2. ( 5 )On 08/14/2020, LP Trust 2 transferred 225 shares of Issuer Class A Common Stock and 814,347 shares of Issuer Class B Common Stock to Teebank in consideration for one (1) Teebank GP Unit and a number of Teebank LP Units equal in value to the aggregate value of the shares of Issuer Class A Common Stock and Class B Common Stock that Teebank received. ( 6 )On 08/15/2020, in exchange for promissory notes from each transferee trust, LP Trust 2 sold all of its Teebank LP Units and all of its Jaytee LP Units in five equal portions to each of LP Trust 3, LP Trust 4 and three other LP Trusts in which the Reporting Person does not have a pecuniary interest. The number and value of Teebank LP Units and Jaytee LP Units (and the face value of the promissory notes) will be determined following an appraisal of the value of Teebank and Jaytee. ( 7 )The numbers of shares disclosed in Table I, Column 5 and Table II, Column 9 are the amounts beneficially owned before the transactions which are the subject of this report. As of the reporting date, Teebank and Jaytee have engaged a valuation firm to conduct an appraisal of their respective LP units. The appraised value of Teebank and Jaytee will be partially determined using the 08/14/2020 closing price of shares of Issuer Class A Common Stock. Upon receipt of the appraisal, the Reporting Person expects to file an amendment to this report to update the numbers of shares disclosed in Table I and Table II and to disclose the number of Issuer securities that were sold to LP Trusts 3 and 4, and to the trusts in which the Reporting Person does not have a pecuniary interest. The Reporting Person will continue to report his pecuniary interest in the shares represented by the Teebank and Jaytee LP Units sold to LP Trusts 3 and 4. ( 8 )The Reporting Person disclaims beneficial ownership of these securities and the report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities. ( 9 )Class B Common Stock is immediately convertible into Class A Common Stock on a one share for one share basis. ( 10 )Immediate. ( 11 )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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