SEC FORM 4

SEC Form 4

FORM 4

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
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).

1. Name and Address of Reporting Person^*

TRAGER STEVE

(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 and CEO

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2013

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 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	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								81,276	D
Class A Common Stock								387,603.579	I	By Jaytee Properties Limited Partnership⁽¹⁾
Class A Common Stock	06/30/2013		S		0⁽³⁾⁽⁴⁾	D	⁽³⁾⁽⁴⁾	5,407,884.612⁽³⁾⁽⁴⁾	I	By Teebank Family Limited Partnership⁽²⁾
Class A Common Stock								7,478	I	By Spouse⁽⁵⁾
Class A Common Stock								15,001.277	I	By 401(k) Plan⁽⁶⁾

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)	Code	V	(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	⁽⁷⁾	06/30/2013		S			0⁽³⁾⁽⁴⁾	⁽⁸⁾	⁽⁹⁾	Class A Common Stock	0⁽³⁾⁽⁴⁾	⁽³⁾⁽⁴⁾	709,057.311⁽³⁾⁽⁴⁾	I	By Teebank Family Limited Partnership⁽²⁾
Class B Common Stock	⁽⁷⁾							⁽⁸⁾	⁽⁹⁾	Class A Common Stock	0		86,849.547	I	By Jaytee Properties Limited Partnership⁽¹⁾
Class B Common Stock	⁽⁷⁾							⁽⁸⁾	⁽⁹⁾	Class A Common Stock	0		17,014	D
Class B Common Stock	⁽⁷⁾							⁽⁸⁾	⁽⁹⁾	Class A Common Stock	0		1,214.5	I	By 401(k) Plan

Explanation of Responses:

1. Jaytee Properties Limited Partnership is a family limited partnership of which the reporting person is a general partner and a limited partner and of which trusts for the benefit of, among others, the reporting person and the reporting person's 2 children are limited partners. 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 of which the reporting person is a general partner and a limited partner and of which trusts for the benefit of, among others, the reporting person and the reporting person's 2 children are limited partners. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

3. The reporting person is sole trustee and a beneficiary of a trust ("Trust 1") that holds Teebank limited partnership interests. The reporting person is also sole trustee of two additional trusts, the sole beneficiaries of which are the reporting persons' 2 children ("Trust 2" and "Trust 3," respectively). Effective 06/30/13, Trust 1 sold $2.625 million in Teebank limited partnership interests to each of Trust 2 and Trust 3. Effective on that same date, Trust 1 sold an additional $5.25 million worth of Teebank limited partnership interests to trusts in which the reporting person does not have any pecuniary interest.

4. The amount of securities disclosed in Table 1, Column 5 and Table II, Column 9 is the number beneficially owned immediately before the transaction which is the subject of this report. As of the reporting date, Teebank has engaged a valuation firm to conduct an appraisal of its limited partnership units. The reporting person expects to file an amendment to this report upon receipt of the appraisal to update the amount of securities disclosed at Table 1, Column 5 and Table II, Column 9, and to disclose the number and value of the issuer securities that were sold 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 limited partnership interests sold to Trust 2 and Trust 3.

5. 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.

6. On December 31, 2012, the issuer dissolved its ESOP and rolled 7,428.277 shares (that were previously reported as being held indirectly through the ESOP) into the reporting person's 401(k).

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

8. Immediate.

9. None.

Remarks:

	/s/ Steve Trager	07/02/2013
	** 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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