0001179110-21-003330.txt : 20210312 0001179110-21-003330.hdr.sgml : 20210312 20210312152955 ACCESSION NUMBER: 0001179110-21-003330 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200815 FILED AS OF DATE: 20210312 DATE AS OF CHANGE: 20210312 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TRAGER STEVE CENTRAL INDEX KEY: 0001078587 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-24649 FILM NUMBER: 21737129 MAIL ADDRESS: STREET 1: 601 W MARKET ST CITY: LOUISVILLE STATE: KY ZIP: 40202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: REPUBLIC BANCORP INC /KY/ CENTRAL INDEX KEY: 0000921557 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 610862051 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: REPUBLIC CORPORATE CENTER STREET 2: 601 WEST MARKET ST CITY: LOUISVILLE STATE: KY ZIP: 40202 BUSINESS PHONE: 5025843600 MAIL ADDRESS: STREET 1: 601 W MARKET ST CITY: LOUISVILLE STATE: KY ZIP: 40202 4/A 1 edgar.xml FORM 4/A - X0306 4/A 2020-08-15 2020-08-17 0 0000921557 REPUBLIC BANCORP INC /KY/ RBCAA 0001078587 TRAGER STEVE 601 WEST MARKET STREET LOUISVILLE KY 40202 1 1 1 0 Chairman and CEO Class A Common Stock 2020-08-15 4 S 0 74916.693 32.31 D 437803.983 I By Jaytee Properties Limited Partnership Class A Common Stock 2020-08-15 4 S 0 2636684.006 32.31 D 4023137.600 I By Teebank Family Limited Partnership Class B Common Stock 2020-08-15 4 S 0 16786.432 32.31 D Class A Common Stock 16786.432 98097.857 I By Jaytee Properties Limited Partnership Class B Common Stock 2020-08-15 4 S 0 645363.258 32.31 D Class A Common Stock 645363.258 984716.100 I By Teebank Family Limited Partnership 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. 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. The Reporting Person is the sole trustee of two LP Trusts ("LP Trust 1" and "LP Trust 2", respectively) the beneficiary of which is the Reporting Person's mother. The Reporting Person is also the sole trustee of two additional LP Trusts, the sole beneficiaries of which are the Reporting Person's two children ("LP Trust 3" and "LP Trust 4", respectively). On 08/13/2020, LP Trust 1 dissolved and all of its assets were transferred to LP Trust 2 for no consideration. The transferred assets include: 225 shares of Issuer Class A Common Stock, 671,583 shares of Issuer Class B Common Stock, 76,031 Jaytee LP Units and 293,541 Teebank LP Units. The Reporting Person previously reported the shares of Issuer stock held by LP Trust 1 as indirectly owned "By Trager Marital Trust". The Reporting Person continues to report indirectly beneficial ownership of the shares of Issuer stock underlying LP Units through Teebank and Jaytee. On 08/14/2020, LP Trust 2 transferred 225 shares of Issuer Class A Common Stock and 814,347 shares of Issuer Class B Common Stock to Teebank in consideration for one (1) Teebank GP Unit and a number of Teebank LP Units equal in value to the aggregate value of the shares of Issuer Class A Common Stock and Class B Common Stock that Teebank received. On 08/15/2020, in exchange for promissory notes from each transferee trust, LP Trust 2 sold all of its Teebank LP Units and a number of its Jaytee LP Units in five equal portions to each of LP Trust 3, LP Trust 4 and three other LP Trusts in which the Reporting Person does not have a pecuniary interest. The number and value of Teebank LP Units and Jaytee LP Units (and the face value of the promissory notes) were determined following an appraisal of the value of Teebank and Jaytee. As of the original reporting date, Teebank and Jaytee engaged a valuation firm to conduct appraisals of their LP Units. This amendment is being filed to reflect the number of Issuer securities that were the subject of this transaction based on such appraisal. Share numbers shown at Table I, Column 4, and Table II, Column 5, represent the total number of Issuer shares represented by the Teebank LP Units and Jaytee LP Units sold by LP Trust 2 to the five LP trusts described at footnote 5, including the shares represented by the Teebank and Jaytee Units sold to LP Trust 3 and LP Trust 4, which shares are included in the share totals shown at Table I, Column 5, and Table II, Column 9. Class B Common Stock is immediately convertible into Class A Common Stock on a one share for one share basis. Immediate. None. /s/ Steven E. Trager 2021-03-12