ROYAL GOLD INC — Director's Dealing 2016

Nov 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2016-11-15

Reporting Person: WENGER STEFAN (CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-15	Common Stock	M	1350	—	Acquired	85331	Direct
2016-11-15	Common Stock	F	587	$69.26	Disposed	84744	Direct
2016-11-17	Common Stock	S	9917	$68.025	Disposed	74827	Direct
2016-11-17	Common Stock	F	890	$68.16	Disposed	73937	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-15	Performance Shares	$0	M	1350	Disposed	2019-08-26	Common Stock (1350)	Direct

Footnotes

F1: Includes 20,166 shares of restricted stock that have not vested.

F2: Represents shares withheld to satisfy taxes; no shares were sold.

F3: The range of the weighted average sale price is $67.59 to $68.48.

F4: Includes 19,276 shares of restricted stock that have not vested.

F5: A performance award represents a contingent right to receive shares of common stock upon achievement of certain performance goals