SEC FORM 5

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

TRAGER BERNARD M

(Last)

(First)

(Middle)

601 WEST MARKET STREET

(Street)

LOUISVILLE

40202

(City)

(State)

(Zip)

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, Exec Committee

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2009

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	12/28/2009		G	29,350	D	$0	312,513	D
Class A Common Stock	11/30/2009		G⁽³⁾	12,879.18	D	$0	3,682,872.038	I	By Teebank Family Limited Partnership⁽¹⁾
Class A Common Stock	11/30/2009		G⁽⁴⁾	134,344.706	A	$0	3,817,216.744	I	By Teebank Family Limited Partnership⁽¹⁾
Class A Common Stock	11/30/2009		G⁽³⁾	1,348.246	D	$0	385,538.264	I	By Jaytee Properties Limited Partnership⁽²⁾
Class A Common Stock	11/30/2009		G⁽⁴⁾	14,063.756	A	$0	399,602.02	I	By Jaytee Properties Limited Partnership⁽²⁾
Class A Common Stock							7,891	I	By 401(k) Plan
Class A Common Stock							7,449.643⁽⁵⁾	I	By ESOP

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽⁶⁾	11/30/2009		G⁽³⁾		1,688.658	⁽⁷⁾	⁽⁸⁾	Class A Common Stock	1,688.658	$0	482,881.665	I	By Teebank Family Limited Partnership⁽¹⁾
Class B Common Stock	⁽⁶⁾	11/30/2009		G⁽⁴⁾	17,614.668		⁽⁷⁾	⁽⁸⁾	Class A Common Stock	17,614.668	$0	500,496.333	I	By Teebank Family Limited Partnership⁽¹⁾
Class B Common Stock	⁽⁶⁾	11/30/2009		G⁽³⁾		302.1	⁽⁷⁾	⁽⁸⁾	Class A Common Stock	302.1	$0	86,386.78	I	By Jaytee Properties Limited Partnership⁽²⁾
Class B Common Stock	⁽⁶⁾	11/30/2009		G⁽⁴⁾	3,151.238		⁽⁷⁾	⁽⁸⁾	Class A Common Stock	3,151.238	$0	89,538.018	I	By Jaytee Properties Limited Partnership⁽²⁾
Class B Common Stock	⁽⁶⁾						⁽⁷⁾	⁽⁸⁾	Class A Common Stock	671,583		671,583	D
Class B Common Stock	⁽⁶⁾						⁽⁷⁾	⁽⁸⁾	Class A Common Stock	142,764		142,764	I	By spouse
Class B Common Stock	⁽⁶⁾						⁽⁷⁾	⁽⁸⁾	Class A Common Stock	0.5		0.5	I	By 401(k) Plan

Explanation of Responses:

1. Teebank Family Limited Partnership ("Teebank") is a family limited partnership of which the reporting person, both individually and as trustee of irrevocable trusts for the benefit of his grandchildren, is a limited partner and of which the reporting person's wife is a limited partner and the reporting person's wife as a co-general partner in her capacity as trustee of a marital trust is a general partner. The reporting person is reporting the shares of the family limited partnership only to the extent of his pecuniary interest therein.

2. Jaytee Properties Limited Partnership ("Jaytee") is a family limited partnership of which the reporting person, both individually and as trustee of irrevocable trusts for the benefit of his grandchildren, is a limited partner and of which the reporting person's wife is a limited partner and the reporting person's wife as a co-general partner in her capacity as trustee of a marital trust is a general partner. The reporting person is reporting the shares of the family limited partnership only to the extent of his pecuniary interest therein.

3. Gifts reported herein consisted of units representing an interest in the assets of Teebank and Jaytee, as applicable.

4. Gifts reported herein were to trusts for the benefit of the reporting person's grandchildren, of which the reporting person is the trustee. The gifts consisted of units representing an interest in the assets of Teebank and Jaytee, as applicable.

5. Includes 4,139.7620 shares of Class A Common Stock allocated under the ESOP to the reporting person's adult son, of which 150.4976 shares were allocated during 2009 as a result of forfeitures. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is a beneficial owner of such securities. Also includes 3,309.8810 shares of Class A Common Stock allocated to the reporting person under the ESOP, of which 119.9690 shares were allocated during 2009 as a result of forfeitures.

6. Conversion from Class B Common Stock to Class A Common Stock is on a share for share basis.

7. Immediate.

8. None.

	/s/ Bernard M. Trager	02/12/2010
	** 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).
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