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ROYAL GOLD INC Director's Dealing 2011

Feb 18, 2011

30473_dirs_2011-02-17_c4f9b62c-0cb4-4aa5-9f97-13a83bf7592a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2011-02-15

Reporting Person: WENGER STEFAN (CFO and Treasurer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-15 Common Stock M 1875 Acquired 76542 Direct
2011-02-16 Common Stock F 739 $48.92 Disposed 75803 Direct
2011-02-16 Common Stock S 136 $48.92 Disposed 75667 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-15 Performance Shares $0 M 1875 Disposed 2012-11-07 Common Stock (1875) Direct

Footnotes

F1: Includes 43,501 shares of restricted stock that have not yet vested.

F2: The range of the weighted average sale price is $48.51 to $49.10.