ROYAL GOLD INC — Director's Dealing 2016

Feb 27, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2016-02-25

Reporting Person: WENGER STEFAN (CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-25	Common Stock	M	1350	—	Acquired	82575	Direct
2016-02-26	Common Stock	F	617	$45.23	Disposed	81958	Direct
2016-02-26	Common Stock	S	733	$45.23	Disposed	81225	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-25	Performance Shares	$0	M	1350	Disposed	2019-08-26	Common Stock (1350)	Direct

Footnotes

F1: Includes 21,652 shares of restricted stock that have not yet vested.