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ROYAL GOLD INC Director's Dealing 2012

Sep 14, 2012

30473_dirs_2012-09-14_211556df-7ecb-42e9-9304-a229d7aa2799.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: 2012-09-12

Reporting Person: DEMPSEY STANLEY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-12	Common Stock	S	5000	$87.51	Disposed	73576	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2293	Indirect
Common Stock	4100	Indirect

Footnotes

F1: Sale made pursuant to a 10b5-1 trading plan.

F2: The range of the weighted average sale price is as follows: 4,300 shares sold between $86.96 and $87.73; 700 shares sold between $87.98 and $88.23.

F3: Includes 1,087 shares of restricted stock that have not yet vested.