ROYAL GOLD INC — Director's Dealing 2012

Aug 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2012-08-13

Reporting Person: Heissenbuttel William Holmes (VP of Corporate Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-13	Common Stock	A	4500	—	Acquired	63872	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-13	Stock Option (ISO right to buy)	$75.32	A	1300	Acquired	2022-08-13	Common Stock (1300)	Direct
2012-08-13	Stock Appreciation Right	$75.32	A	3950	Acquired	2022-08-13	Common Stock (3950)	Direct
2012-08-13	Performance Shares	$0	A	4400	Acquired	2017-08-13	Common Stock (4400)	Direct

Footnotes

F1: Grant of restricted stock with a two year hold and then vesting as to one-thirds in years 3,4 and 5.

F2: Includes 41,333 shares of restricted stock that have not yet vested.

F3: One-third vests annually over three years beginning on August 13, 2013.

F4: A performance award represents a contingent right to receive shares of common stock upon achievement of certain performance goals.