0001415889-22-007891.txt : 20220722 0001415889-22-007891.hdr.sgml : 20220722 20220722131111 ACCESSION NUMBER: 0001415889-22-007891 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220720 FILED AS OF DATE: 20220722 DATE AS OF CHANGE: 20220722 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TAMME STOUT SUE CENTRAL INDEX KEY: 0001242469 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24649 FILM NUMBER: 221099450 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 1 form4-07222022_100702.xml X0306 4 2022-07-20 0000921557 REPUBLIC BANCORP INC /KY/ RBCAA 0001242469 TAMME STOUT SUE 601 W MARKET ST LOUISVILLE KY 40202 true false false false Class A Common Stock 2022-07-20 4 A 0 207.254 A 21430.448 D During 2021 and 2022, the Issuer inadvertently failed to pay the Reporting Person certain fees in connection with the Reporting Person's Board committee service. For both years, the Reporting Person had timely elected to defer these fees in accordance with the Issuer's Non-Employee Director and Key Employee Deferred Compensation Plan (the "Plan"). Under the Plan, on a quarterly basis, amounts credited to the Reporting Person's deferred compensation account are to be converted into whole stock units ("Stock Units") equivalent in value to shares of Issuer Class A common stock at the closing price on the last day of the quarter. Thereafter, dividends on Stock Units are paid to the Reporting Person in additional Stock Units in accordance with the Issuer's dividend reinvestment plan. On July 20, 2022, the Issuer's Board of Directors approved a corrective payment to compensate the Reporting Person for the unpaid fees through a grant of that number of Stock Units that the Reporting Person would have received had the fees been converted to Stock Units under the Plan. Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report. /s/ Kevin Sipes, Attorney-in-Fact 2022-07-22