Sec Form 4 Filing - TRAGER STEVE @ REPUBLIC BANCORP INC /KY/ - 2022-02-11

Insider filing report for Changes in Beneficial Ownership
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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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Explanation of Responses:
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)
02/11/2022
(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( 6 ) I By Spouse
Class A Common Stock 12,085 I By 401(k) Plan
Class A Common Stock 02/11/2022 G V 7,517.922( 4 ) D $ 0 343,538.188( 4 ) I By Jaytee Properties Limited Partnership( 1 )( 3 )
Class A Common Stock 02/11/2022 G V 65,258.525( 4 ) D $ 0 3,629,275.089( 4 ) I By Teebank Family Limited Partnership( 2 )( 3 )
Class A Common Stock 02/11/2022 S 12,107.582( 5 ) D $ 48.41 343,538.188( 5 ) I By Jaytee Properties Limited Partnership( 1 )( 3 )
Class A Common Stock 02/11/2022 S 65,258.525( 5 ) D $ 48.41 3,629,275.089( 5 ) I By Teebank Family Limited Partnership( 2 )( 3 )
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 ( 7 ) ( 8 ) ( 9 ) Class A Common Stock 17,014 17,014 D
Class B Common Stock ( 7 ) ( 8 ) ( 9 ) Class A Common Stock 1,214.5 1,214.5 I By 401(k) Plan
Class B Common Stock ( 7 ) 02/11/2022 G V 1,684.526( 4 ) ( 8 ) ( 9 ) Class A Common Stock 1,684.526( 4 ) $ 0 76,975.91( 4 ) I By Jaytee Properties Limited Partnership( 1 )( 3 )
Class B Common Stock ( 7 ) 02/11/2022 G V 15,972.886( 4 ) ( 8 ) ( 9 ) Class A Common Stock 15,972.886( 4 ) $ 0 888,313.045( 4 ) I By Teebank Family Limited Partnership( 2 )( 3 )
Class B Common Stock ( 7 ) 02/11/2022 S 2,712.922( 5 ) ( 8 ) ( 9 ) Class A Common Stock 2,712.922( 5 ) $ 48.41 76,975.91( 5 ) I By Jaytee Properties Limited Partnership( 1 )( 3 )
Class B Common Stock ( 7 ) 02/11/2022 S 15,972.886( 5 ) ( 8 ) ( 9 ) Class A Common Stock 15,972.886( 5 ) $ 48.41 888,313.045( 5 ) 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 02/15/2022
Signature of Reporting Person Date
( 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 and Limited 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 and a Limited Partner of Jaytee. The Reporting Person disclaims 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 and 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 additional Trusts ("GP Trust 3" and the "Step Trust"), the beneficiaries of which are the Reporting Person and members of the Reporting Person's immediate family.
( 4 )On 02/11/2022, GP Trust 2 transferred to the Step Trust for no consideration 20,000 Jaytee GP Units, 46 Jaytee LP Units, 20,000 Teebank GP Units and 46 Teebank LP Units. Following this transaction, GP Trust 2 no longer owns any GP Units or LP Units of either Teebank or Jaytee.
( 5 )On 02/11/2022, in exchange for a promissory note, the Step Trust sold all of its Jaytee GP and LP Units and all of its Teebank GP and LP Units to GP Trust 3.
( 6 )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.
( 7 )Class B Common Stock is immediately convertible into Class A Common Stock on a one share for one share basis.
( 8 )Immediate.
( 9 )None.

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