Edgar Filing: REPUBLIC BANCORP INC /KY/

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ^*

TRAGER BERNARD M

2. Issuer Name and Ticker or Trading Symbol
REPUBLIC BANCORP INC /KY/ [RBCAA]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chairman

(Last)

(First)

(Middle)

601 WEST MARKET STREET

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2010

(Street)

LOUISVILLE,Â KYÂ 40202

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(check applicable line)
_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	12/14/2010	Â	G	21,960	D	$ 0	292,078	D	Â
Class A Common Stock	12/14/2010	Â	G⁽³⁾	8,936.932	D	$ 0	3,808,279.812	I	By Teebank Family Limited Partnership ⁽¹⁾
Class A Common Stock	12/14/2010	Â	G⁽⁴⁾	2,686.894	A	$ 0	3,810,966.706	I	By Teebank Family Limited Properties ⁽¹⁾
Class A Common Stock	12/14/2010	Â	G⁽³⁾	935.708	D	$ 0	398,666.312	I	By Jaytee Properties Limited Partnership ⁽²⁾
Class A Common Stock	12/14/2010	Â	G⁽⁴⁾	281.276	A	$ 0	398,947.588	I	By Jaytee Properties Limited Partnership ⁽²⁾
Class A Common Stock	Â	Â	Â	Â	Â	Â	6,566	I	By 401(k) Plan
Class A Common Stock	Â	Â	Â	Â	Â	Â	7,407.847 ⁽⁵⁾	I	By ESOP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Class B Common Stock

12/14/2010

G⁽³⁾

1,171.952

Â ⁽⁷⁾

Â ⁽⁸⁾

Class A Common Stock

1,171.952

$ 0

499,324.38

By Teebank Family Limited Partnership ⁽¹⁾

Class B Common Stock

12/14/2010

G⁽⁴⁾

352.294

Â ⁽⁷⁾

Â ⁽⁸⁾

Class A Common Stock

352.294

$ 0

499,676.67

By Teebank Family Limited Partnership ⁽¹⁾

Class B Common Stock

12/14/2010

G⁽³⁾

209.662

Â ⁽⁷⁾

Â ⁽⁸⁾

Class A Common Stock

209.662

$ 0

89,328.356

By Jaytee Properties Limited Partnership ⁽²⁾

Class B Common Stock

12/14/2010

G⁽⁴⁾

63.024

Â ⁽⁷⁾

Â ⁽⁸⁾

Class A Common Stock

63.024

$ 0

89,391.38

By Jaytee Properties Limited Partnership ⁽²⁾

Class B Common Stock

Â ⁽⁷⁾

Â ⁽⁸⁾

Class A Common Stock

671,583

Class B Common Stock

Â ⁽⁷⁾

Â ⁽⁸⁾

Class A Common Stock

142,764

By spouse

Class B Common Stock

Â ⁽⁷⁾

Â ⁽⁸⁾

Class A Common Stock

0.5

By 401(k) Plan

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
TRAGER BERNARD M 601 WEST MARKET STREET LOUISVILLE,Â KYÂ 40202	Â X	Â X	Â Chairman	Â

Signatures

Bernard M. Trager		02/14/2011
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	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, is 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.
(2)	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, is 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.
(3)	Gifts reported herein consisted of units representing an interest in the assets of Teebank and Jaytee, as applicable.
(4)	Gifts reported herein were to trusts for the benefit of the reporting person's grandchildren, of which the reporting person is the trustee. The gifts consisted of units representing an interest in the assets of Teebank and Jaytee, as applicable.
(5)	Includes 4,229.4463 shares of Class A Common Stock allocated under the ESOP to the reporting person's adult son. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is a beneficial owner of such securities. Also includes 3,178.4003 shares of Class A Common Stock allocated to the reporting person under the ESOP.
(6)	Conversion from Class B Common Stock to Class A Common Stock is on a share for share basis.
(7)	Immediate.
(8)	None.

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