SEC Form 4 · accession 0000085535-16-000034
ROYAL GOLD INC · RGLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Christopher Kirchhoff
Officer — VP, GC and Corp Secretary
Period of report
Jun 20, 2016
Accepted (ET)
Jun 22, 2016 · 8:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000085535
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 20, 2016 | M | 7,000 | $30.96 | A | 64,382 | D | |
| Common StockF2,F1 | Jun 20, 2016 | D | 3,211 | $67.51 | D | 61,171 | D | |
| Common StockF3,F1 | Jun 20, 2016 | F | 1,727 | $67.51 | D | 59,444 | D | |
| Common StockF4,F1 | Jun 22, 2016 | S | 3,333 | $66.19 | D | 56,111 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights | $30.96 | Jun 20, 2016 | M | 7,000 | D | Nov 5, 2011 | Nov 5, 2018 | Common Stock | 7,000 | 0 | D |
Explanation of responses
- F1Includes 21,070 shares of restricted stock that have not yet vested.
- F2This represents the difference between the number of SARs exercised (7,000) and the number of shares issued as a result of the exercise (3,789).
- F3Represents shares withheld to satisfy taxes; no shares were sold.
- F4The range of the weighted average sales price is $65.65 to $66.65.