ROYAL GOLD INC — Director's Dealing 2020

Aug 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2020-08-18

Reporting Person: Shefman Randy (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-18	Common Stock	A	1320.00	$0.00	Acquired	7420.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-18	Employee Stock Option (Right to buy ISOs)	$139.84	A	715.00	Acquired	2030-08-18	Common Stock (715.00)	Direct
2020-08-18	Stock Appreciation Right (SARs)	$139.84	A	3855.00	Acquired	2030-08-18	Common Stock (3855.00)	Direct

Footnotes

F1: Grant of Restricted Stock with a two year hold and then vesting as to one-third in years three, four and five.

F2: One-third vests annually over three years beginning on August 18, 2021.