Sec Form 4 Filing - Trager Jean S @ REPUBLIC BANCORP INC /KY/ - 2020-08-13

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Trager Jean S
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 X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(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 71,815.306 ( 7 ) I By Teebank Family Limited Partnership ( 1 )
Class A Common Stock 7,517.922 ( 7 ) I By Jaytee Properties Limited Partnership ( 2 )
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 ( 4 ) 08/13/2020 G V 142,764 ( 3 ) ( 5 ) ( 6 ) Class A Common Stock 142,764 $ 0 0 D
Class B Common Stock ( 4 ) ( 5 ) ( 6 ) Class A Common Stock 9,416.097 9,416.097 ( 7 ) I By Teebank Family Limited Partnership ( 1 )
Class B Common Stock ( 4 ) ( 5 ) ( 6 ) Class A Common Stock 1,684.526 1,684.526 ( 7 ) I By Jaytee Properties Limited Partnership ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Trager Jean S
601 WEST MARKET STREET
LOUISVILLE, KY40202
X
Signatures
/s/ Jean S. Trager 08/17/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Teebank Family Limited Partnership ("Teebank") is a family limited partnership. A trust ("GP Trust 1") in which the Reporting Person's son is the trustee is a co-General Partner of Teebank. A trust ("GP Trust 2") in which the Reporting Person and her son are co-trustees is the other co-General Partner of Teebank. Multiple trusts (the "LP Trusts") for the benefit of the Reporting Person are limited partners of Teebank. The Reporting Person is a beneficiary of the LP Trusts and the Reporting Person's son is the sole trustee of the LP Trusts. The Reporting Person's son has sole voting and dispositive power of the Teebank LP Units held by the LP Trusts. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.
( 2 )Jaytee Properties Limited Partnership ("Jaytee") is a family limited partnership. GP Trust 1 and GP Trust 2 are co-General Partners of Jaytee. The LP Trusts are limited partners of Jaytee. The Reporting Person's son has sole voting and dispositive power of the Jaytee LP Units held by the LP Trusts. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.
( 3 )On August 13, 2020, the Reporting Person gifted 142,764 shares of Class B Common Stock to one of the LP Trusts.
( 4 )Class B Common Stock is immediately convertible into Class A Common Stock on a one share for one share basis.
( 5 )Immediate.
( 6 )None.
( 7 )Reflects a reduction in the number of shares underlying LP units as a result of the Reporting Person's resignation since her most recent filing as trustee of trusts for her benefit that own Teebank and Jaytee LP units. Also reflects an increase in the number of underlying shares resulting from a subsequent redemption of a former limited partner's Jaytee and Teebank LP Units for cash.

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 Number.