ROYAL GOLD INC — Director's Dealing 2010

Aug 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2010-08-18

Reporting Person: Heissenbuttel William Holmes (VP Corporate Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-18	Common Stock	M	1875	—	Acquired	41104	Direct
2010-08-18	Common Stock	M	3750	—	Acquired	44854	Direct
2010-08-18	Common Stock	M	3750	—	Acquired	48604	Direct
2010-08-18	Common Stock	F	3817	$46.83	Disposed	44787	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-18	Performance Shares	$0	M	1875	Acquired	2012-11-07	Common Stock (1875)	Direct
2010-08-18	Performance Shares	$0	M	3750	Acquired	2013-11-05	Common Stock (3750)	Direct
2010-08-18	Performance Shares	$0	M	3750	Acquired	2014-11-18	Common Stock (3750)	Direct

Footnotes

F1: Includes 32,500 shares of restricted stock that have not yet vested.

F2: The range of the weighted average sale price is $46.55 to $47.12.