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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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) 04/21/2010
	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	04/21/2010		M		4,410	A	$20.71	169,718.114(1)	D
Class A Common Stock	04/21/2010		F		4,285	D	$21.31	165,433.114	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								32,954.134(4)	I	By 401(k) Plan
Class A Common Stock								51,697	I	By Trager Family Irrevocable Trust(5)
Class A Common Stock								4,139.759(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)	$20.71	04/21/2010		M			4,410	05/16/2009	05/15/2010	Class A Common Stock	4,410	$0	0	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
Employee Stock Option (right to buy)	$19.89							11/19/2013	11/18/2014	Class A Common Stock	7,500		7,500	D
Employee Stock Option (right to buy)	$19.89							11/19/2014	11/18/2015	Class A Common Stock	7,500		7,500	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 166.427 shares of Class A Common Stock acquired 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 246.429 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 150.497 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	04/23/2010
	** 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).
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