ROYAL GOLD INC — Director's Dealing 2015

Aug 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2015-08-20

Reporting Person: Anderson Karli S. (VP Investor Relations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-20	Common Stock	A	3590	—	Acquired	9215	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-20	Stock Option (ISO-Right to Buy)	$56.54	A	1768	Acquired	2025-08-20	Common Stock (1768)	Direct
2015-08-20	Stock Appreciation Rights	$56.54	A	10213	Acquired	2025-08-20	Common Stock (10213)	Direct
2015-08-20	Performance Shares	$0	A	3732	Acquired	2018-08-20	Common Stock (3732)	Direct
2015-08-20	Performance Shares	$0	A	3732	Acquired	2020-08-20	Common Stock (3732)	Direct

Footnotes

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

F2: Includes 5,625 shares of restricted stock that have not yet vested.

F3: One-third vests annually over three years beginning on August 20, 2016.

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