SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
TRAGER SCOTT
(Last) (First) (Middle)
601 WEST MARKET STREET
(Street)
LOUISVILLE KY 40202
(City) (State) (Zip)
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)
Vice Chairman
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/20/2008 M 12,154 A $8.72 180,424.979(1) D
Class A Common Stock 03/20/2008 F 5,613 D $18.88 174,811.979 D
Class A Common Stock 18,919.317 I By Teebank Family Limited Partnership(2)
Class A Common Stock 1,980.552 I By Jaytee Properties Limited Partnership(3)
Class A Common Stock 31,534.921 I By 401(k) Plan(4)
Class A Common Stock 51,697 I By Trager Family Irrevocable Trust(5)
Class A Common Stock 3,434.0042(6) I By ESOP
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 Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $8.72 03/20/2008 M 12,154 04/11/2007 04/10/2008 Class A Common Stock 12,154 $0 0 D
Employee Stock Option (right to buy) $8.72 04/11/2008 04/10/2009 Class A Common Stock 12,154 12,154 D
Employee Stock Option (right to buy) $20.71 05/16/2009 05/15/2010 Class A Common Stock 4,410 4,410 D
Employee Stock Option (right to buy) $20.71 05/16/2010 05/15/2011 Class A Common Stock 4,410 4,410 D
Employee Stock Option (right to buy) $20.71 05/16/2011 05/15/2012 Class A Common Stock 4,410 4,410 D
Employee Stock Option (right to buy) $23.87 12/08/2011 12/07/2012 Class A Common Stock 2,625 2,625 D
Employee Stock Option (right to buy) $23.87 12/08/2012 12/07/2013 Class A Common Stock 2,625 2,625 D
Class B Common Stock (7) (8) (9) Class A Common Stock 29,488 29,488 D
Class B Common Stock (7) (8) (9) Class A Common Stock 2,480.615 2,480.615 I By Teebank Family Limited Partnership(2)
Class B Common Stock (7) (8) (9) Class A Common Stock 443.778 443.778 I By Jaytee Properties Limited Partnership(3)
Class B Common Stock (7) (8) (9) Class A Common Stock 4,107 4,107 I By Trager Family Irrevocable Trust(5)
Class B Common Stock (7) (8) (9) Class A Common Stock 1,190 1,190 I By 401(k) Plan
Explanation of Responses:
1. Includes 80.026 shares of Class A Common Stock acquired on January 24, 2008 under the Republic Bancorp dividend reinvestment plan.
2. Teebank Family Limited Partnership is a family limited partnership of which the reporting person is a limited partner.
3. Jaytee Properties Limited Partnership is a family limited partnership of which the reporting person is a limited partner.
4. Includes 232.809 shares of Class A Common Stock acquired under the Issuer's 401(k) plan, based on information provided by the plan trustee.
5. Trager Family Irrevocable Trust is a family trust of which the reporting person is a co-trustee and a beneficiary.
6. Includes 393.7696 shares of Class A Common Stock allocated to the reporting person under the ESOP, based on information provided by the plan administrator.
7. Conversion from Class B Common Stock to Class A Common Stock is on a share for share basis.
8. Immediate.
9. None.
/s/ Scott Trager 03/21/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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