Steve Trager - Jul 23, 2021 Form 4 Insider Report for REPUBLIC BANCORP INC /KY/ (RBCAA)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Steven E. Trager
Stock symbol
RBCAA
Transactions as of
Jul 23, 2021
Transactions value $
$0
Form type
4
Date filed
7/26/2021, 03:31 PM
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCAA Class A Common Stock Other $0 -94.3K -21.53% $0.00 344K Jul 23, 2021 By Jaytee Properties Limited Partnership F1, F2
transaction RBCAA Class A Common Stock Other $0 -394K -9.79% $0.00 3.63M Jul 23, 2021 By Teebank Family Limited Partnership F1, F3
holding RBCAA Class A Common Stock 81.3K Jul 23, 2021 Direct
holding RBCAA Class A Common Stock 7.48K Jul 23, 2021 By Spouse
holding RBCAA Class A Common Stock 12.1K Jul 23, 2021 By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RBCAA Class B Common Stock Other $0 -21.1K -21.53% $0.00 77K Jul 23, 2021 Class A Common Stock 21.1K By Jaytee Properties Limited Partnership F1, F2, F4, F5, F6
transaction RBCAA Class B Common Stock Other $0 -96.4K -9.79% $0.00 888K Jul 23, 2021 Class A Common Stock 96.4K By Teebank Family Limited Partnership F1, F3, F4, F5, F6
holding RBCAA Class B Common Stock 17K Jul 23, 2021 Class A Common Stock 17K Direct F4, F5, F6
holding RBCAA Class B Common Stock 1.21K Jul 23, 2021 Class A Common Stock 1.21K By 401(k) Plan F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is the sole trustee of an LP Trust (as defined in footnote 2 below), the beneficiary of which was the Reporting Person's sister. On 07/23/2021, pursuant to a Trust Modification Agreement, the Reporting Person's sister ceased to be a beneficiary of the LP Trust and the Reporting Person ceased to have a pecuniary interest in the Issuer shares underlying the Teebank and Jaytee units owned by the LP Trust. No issuer shares or LP units were transferred in connection with the Trust Modification Agreement.
F2 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 disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 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.
F4 Class B Common Stock is immediately convertible into Class A Common Stock on a one share for one share basis.
F5 Immediate.
F6 None.