ROYAL GOLD INC — Director's Dealing 2013

Jun 26, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2013-06-24

Reporting Person: STUCKERT JAMES W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-06-24	Common Stock	J	36421	$43.16	Disposed	1416839	Direct
2013-06-24	Common Stock	S	23579	$43.16	Disposed	1393260	Direct
2013-06-25	Common Stock	S	60000	$42.61	Disposed	1333260	Direct
2013-06-26	Common Stock	S	58495	$40.2	Disposed	1274765	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	168835	Indirect

Footnotes

F1: This transaction represents involuntary sales of Royal Gold, Inc. common stock. The sold shares had been pledged to collateralize a personal loan and were sold at the direction of the lending institution/broker.

F2: The range of the weighted average sale price is $42.89 to $43.16.

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

F4: The range of the weighted average sale price is as follows: 44,327 shares were sold between $42.05 and $43.05, and 15,673 shares were sold between $43.06 and $43.58.

F5: The range of the weighted average sale price is $40.00 to $40.56.