AI assistant
REPUBLIC BANCORP INC /KY/ — Director's Dealing 2021
Jul 26, 2021
31973_dirs_2021-07-26_319bdc8f-144d-4aa8-a902-0c6cf46fccf3.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: REPUBLIC BANCORP INC /KY/ (RBCAA)
CIK: 0000921557
Period of Report: 2021-07-23
Reporting Person: TRAGER STEVE (Director, Chairman and CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-23 | Class A Common Stock | J | 94265.795 | $0.00 | Disposed | 343538.188 | Indirect |
| 2021-07-23 | Class A Common Stock | J | 393862.511 | $0.00 | Disposed | 3629275.089 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-23 | Class B Common Stock | $ | J | 21121.947 | Disposed | Class A Common Stock (21121.947) | Indirect | |
| 2021-07-23 | Class B Common Stock | $ | J | 96403.055 | Disposed | Class A Common Stock (96403.055) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 81276 | Direct |
| Class A Common Stock | 7478 | Indirect |
| Class A Common Stock | 12085 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (17014) | 17014 | Direct | |
| Class B Common Stock | $ | Class A Common Stock (1214.5) | 1214.5 | Indirect |
Footnotes
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.