REPUBLIC BANCORP INC /KY/ — Director's Dealing 2012

Feb 14, 2012

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: REPUBLIC BANCORP INC /KY/ (RBCAA)
CIK: 0000921557
Period of Report: 2011-12-31

Reporting Person: TRAGER BERNARD M (Director, Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-06	Class A Common Stock	G	13508	—	Disposed	278800	Direct
2011-08-01	Class A Common Stock	G	291588.546	—	Disposed	107359.042	Indirect
2011-11-01	Class A Common Stock	G	7125.638	—	Disposed	100233.404	Indirect
2011-11-01	Class A Common Stock	G	2137.690	—	Acquired	102371.094	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-01	Class B Common Stock	$	G	65335.66	Disposed		Class A Common Stock (65335.66)	Indirect
2011-11-01	Class B Common Stock	$	G	1596.626	Disposed		Class A Common Stock (1596.626)	Indirect
2011-11-01	Class B Common Stock	$	G	478.988	Acquired		Class A Common Stock (478.988)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	3810966.706	Indirect
Class A Common Stock	6566	Indirect
Class A Common Stock	3029.49	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (499676.67)	499676.67	Indirect
Class B Common Stock	$		Class A Common Stock (671583)	671583	Direct
Class B Common Stock	$		Class A Common Stock (142764)	142764	Indirect

Footnotes

F1: Includes 230 shares distributed to the reporting person from the Issuer's ESOP.

F2: 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, was 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.

F3: 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, was 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.

F4: Gifts reported herein consisted of units representing an interest in the assets of Jaytee.

F5: Gifts reported herein were to trusts for the benefit of the reporting person's grandchildren, of which the reporting person was the trustee. The gifts consisted of units representing an interest in the assets of Jaytee.

F6: Conversion from Class B Common Stock to Class A Common Stock is on a share for share basis.

F7: Immediate.

F8: None.

F9: Does not include 0.5 fractional shares of Class B Common Stock previously reported as held by the Issuer's 401(k) plan, which fractional share was removed by the plan administrator in 2011.