ROYAL GOLD INC — Director's Dealing 2020

Jan 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL GOLD INC (RGLD)
CIK: 0000085535
Period of Report: 2020-01-02

Reporting Person: Isto Mark (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-02	Common Stock	A	140.00	$0.00	Acquired	22379.00	Direct
2020-01-05	Common Stock	F	446.00	$120.13	Disposed	21933.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-02	Stock Settled Appreciation Right (SSARs)	$121.12	A	480.00	Acquired	2030-01-02	Common Stock (480.00)	Direct

Footnotes

F1: Grant of Restricted Stock Units, vesting as to one-third on August 13, 2022, 2023 and 2024.

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

F3: One-third vests annually over three years beginning on August 13, 2020.