Steve Trager - 11 Feb 2022 Form 4 Insider Report for REPUBLIC BANCORP INC /KY/ (RBCAA)

Signature
/s/ Steven E. Trager
Issuer symbol
RBCAA
Transactions as of
11 Feb 2022
Net transactions value
-$4,649,873
Form type
4
Filing time
15 Feb 2022, 10:40:03 UTC
Previous filing
26 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBCAA Class A Common Stock Gift $0 -7,518 -2.1% $0.000000 343,538 11 Feb 2022 By Jaytee Properties Limited Partnership F1, F3, F4
transaction RBCAA Class A Common Stock Gift $0 -65,259 -1.8% $0.000000 3,629,275 11 Feb 2022 By Teebank Family Limited Partnership F2, F3, F4
transaction RBCAA Class A Common Stock Sale $586,128 -12,108 -3.4% $48.41 343,538 11 Feb 2022 By Jaytee Properties Limited Partnership F1, F3, F5
transaction RBCAA Class A Common Stock Sale $3,159,165 -65,259 -1.8% $48.41 3,629,275 11 Feb 2022 By Teebank Family Limited Partnership F2, F3, F5
holding RBCAA Class A Common Stock 81,276 11 Feb 2022 Direct
holding RBCAA Class A Common Stock 7,478 11 Feb 2022 By Spouse F6
holding RBCAA Class A Common Stock 12,085 11 Feb 2022 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 Gift $0 -1,685 -2.1% $0.000000 76,976 11 Feb 2022 Class A Common Stock 1,685 By Jaytee Properties Limited Partnership F1, F3, F4, F7, F8, F9
transaction RBCAA Class B Common Stock Gift $0 -15,973 -1.8% $0.000000 888,313 11 Feb 2022 Class A Common Stock 15,973 By Teebank Family Limited Partnership F2, F3, F4, F7, F8, F9
transaction RBCAA Class B Common Stock Sale $131,333 -2,713 -3.4% $48.41 76,976 11 Feb 2022 Class A Common Stock 2,713 By Jaytee Properties Limited Partnership F1, F3, F5, F7, F8, F9
transaction RBCAA Class B Common Stock Sale $773,247 -15,973 -1.8% $48.41 888,313 11 Feb 2022 Class A Common Stock 15,973 By Teebank Family Limited Partnership F2, F3, F5, F7, F8, F9
holding RBCAA Class B Common Stock 17,014 11 Feb 2022 Class A Common Stock 17,014 Direct F7, F8, F9
holding RBCAA Class B Common Stock 1,214 11 Feb 2022 Class A Common Stock 1,214 By 401(k) Plan F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 and Limited 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 and a Limited Partner of Jaytee. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2 Teebank Family Limited Partnership ("Teebank") is a family limited partnership. GP Trust 1 and GP Trust 2 are co-General and Limited Partners of Teebank. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 The Reporting Person is the sole trustee of two additional Trusts ("GP Trust 3" and the "Step Trust"), the beneficiaries of which are the Reporting Person and members of the Reporting Person's immediate family.
F4 On 02/11/2022, GP Trust 2 transferred to the Step Trust for no consideration 20,000 Jaytee GP Units, 46 Jaytee LP Units, 20,000 Teebank GP Units and 46 Teebank LP Units. Following this transaction, GP Trust 2 no longer owns any GP Units or LP Units of either Teebank or Jaytee.
F5 On 02/11/2022, in exchange for a promissory note, the Step Trust sold all of its Jaytee GP and LP Units and all of its Teebank GP and LP Units to GP Trust 3.
F6 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.
F7 Class B Common Stock is immediately convertible into Class A Common Stock on a one share for one share basis.
F8 Immediate.
F9 None.