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

Nov 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REPUBLIC BANCORP INC /KY/ (RBCAA)
CIK: 0000921557
Period of Report: 2012-11-07

Reporting Person: TRAGER STEVE (Director, President and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-07	Class A Common Stock	J	0	—	Acquired	5407884.612	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-07	Class B Common Stock	$	J	0	Acquired		Class A Common Stock ()	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	81276	Direct
Class A Common Stock	387603.579	Indirect
Class A Common Stock	7478	Indirect
Class A Common Stock	7573	Indirect
Class A Common Stock	7371.22	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (0)	86849.547	Indirect
Class B Common Stock	$		Class A Common Stock (0)	17014	Direct
Class B Common Stock	$		Class A Common Stock (0)	1214.5	Indirect

Footnotes

F1: 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.

F2: The reporting person's father passed away on 2/10/12. On that date, the reporting person became trustee of certain trusts in which the reporting person has a pecuniary interest reported herein pursuant to Rule 16a-8(b)(2)(ii). The reporting person's mother is the sole beneficiary of one such trust ("Trust 1"). The reporting person is sole trustee of another trust, the sole beneficiaries of which are the reporting person and his sister ("Trust 2"). On 11/7/12, Trust 2 purchased $10 million in Teebank limited partnership interests from Trust 1.

F3: 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 Form 4 upon receipt of that appraisal to disclose the number of issuer securities that were the subject of this transaction.

F4: 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.

F5: 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.

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

F7: Immediate.

F8: None.