SEC Form 4 · accession 0000085535-16-000065
ROYAL GOLD INC · RGLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Holmes Heissenbuttel
Officer — VP Corporate Development
Period of report
Dec 21, 2016
Accepted (ET)
Dec 23, 2016 · 2:21 pm EST
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 | Dec 21, 2016 | M | 6,640 | $29.75 | A | 73,915 | D | |
| Common StockF1 | Dec 21, 2016 | M | 3,360 | $29.75 | A | 77,275 | D | |
| Common StockF1 | Dec 21, 2016 | M | 3,000 | $30.96 | A | 80,275 | D | |
| Common StockF1 | Dec 21, 2016 | M | 7,000 | $30.96 | A | 87,275 | D | |
| Common StockF2,F1 | Dec 21, 2016 | D | 3,463 | $62.59 | D | 83,812 | D | |
| Common StockF3,F1 | Dec 21, 2016 | F | 1,704 | $62.59 | D | 82,108 | D | |
| Common StockF4,F5,F1 | Dec 23, 2016 | S | 7,817 | $61.8866 | D | 74,291 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy NSO) | $29.75 | Dec 21, 2016 | M | 6,640 | D | Nov 7, 2010 | Nov 7, 2017 | Common Stock | 6,640 | 0 | D |
| Stock Option (Right to Buy ISO) | $29.75 | Dec 21, 2016 | M | 3,360 | D | Nov 7, 2010 | Nov 7, 2017 | Common Stock | 3,360 | 0 | D |
| Stock Option (Right to Buy ISO) | $30.96 | Dec 21, 2016 | M | 3,000 | D | Nov 5, 2011 | Nov 5, 2018 | Common Stock | 3,000 | 0 | D |
| Stock Appreciation Rights (SARs) | $30.96 | Dec 21, 2016 | M | 7,000 | D | Nov 5, 2011 | Nov 5, 2018 | Common Stock | 7,000 | 0 | D |
Explanation of responses
- F1Includes 19,635 shares of restricted stock that have not vested.
- F2Represents the difference between the number of SARs exercised (7,000) and the number of shares issuable as a result of the exercise (3,537).
- F3Represents shares withheld to satisfy taxes; no shares were sold.
- F4Includes shares sold to cover option costs and/or taxes on options due to expire in 2017 and 2018.
- F5The range of the weighted average sales price is $61.38 to $62.33.