ROYAL GOLD INC — Director's Dealing 2016

Feb 26, 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: Anderson Karli S. (VP Investor Relations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-25	Common Stock	M	850	—	Acquired	10065	Direct
2016-02-25	Common Stock	F	397	—	Disposed	9668	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-25	Performance Shares	$0	M	850	Disposed	2019-08-26	Common Stock (850)	Direct

Footnotes

F1: Includes 5,625 shares of restricted stock that have not yet vested.

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