SEC Form 4 · accession 0001562180-18-002883
ROYAL GOLD INC · RGLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stefan Wenger
Officer — CFO and Treasurer
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 5:33 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 Stock | Jun 1, 2018 | M | 3,534 | $68.18 | A | 60,311 | D | |
| Common StockF1 | Jun 1, 2018 | F | 2,682 | $89.87 | D | 57,629 | D | |
| Common Stock | Jun 1, 2018 | M | 3,950 | $75.32 | A | 61,579 | D | |
| Common StockF2 | Jun 1, 2018 | F | 3,311 | $89.87 | D | 58,268 | D | |
| Common Stock | Jun 1, 2018 | M | 11,891 | $62.14 | A | 70,159 | D | |
| Common StockF3 | Jun 1, 2018 | F | 8,222 | $89.87 | D | 61,937 | D | |
| Common Stock | Jun 1, 2018 | M | 11,880 | $75.72 | A | 73,817 | D | |
| Common StockF4 | Jun 1, 2018 | F | 10,010 | $89.87 | D | 63,807 | D | |
| Common Stock | Jun 1, 2018 | M | 9,765 | $56.54 | A | 73,572 | D | |
| Common StockF5 | Jun 1, 2018 | F | 6,144 | $89.87 | D | 67,428 | D | |
| Common Stock | Jun 1, 2018 | M | 2,500 | $83.29 | A | 69,928 | D | |
| Common StockF6 | Jun 1, 2018 | F | 2,317 | $89.87 | D | 67,611 | D | |
| Common Stock | Jun 1, 2018 | S | 3,999 | $90.16 | D | 63,612 | D | |
| Common Stock | Jun 1, 2018 | S | 757 | $90.16 | D | 62,855 | D | |
| Common Stock | Jun 1, 2018 | S | 1,500 | $89.65 | D | 61,355 | I | By Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF8 | $68.18 | Jun 1, 2018 | M | 3,534 | D | — | Aug 18, 2021 | Common Stock | 3,534 | 0 | D |
| Stock Appreciation RightF9 | $75.32 | Jun 1, 2018 | M | 3,950 | D | — | Aug 13, 2022 | Common Stock | 3,950 | 0 | D |
| Stock Appreciation RightF10 | $62.14 | Jun 1, 2018 | M | 11,891 | D | — | Aug 27, 2023 | Common Stock | 11,891 | 0 | D |
| Stock Appreciation RightF11 | $75.72 | Jun 1, 2018 | M | 11,880 | D | — | Aug 26, 2024 | Common Stock | 11,880 | 0 | D |
| Stock Appreciation RightF12 | $56.54 | Jun 1, 2018 | M | 9,765 | D | — | Aug 20, 2025 | Common Stock | 9,765 | 0 | D |
| Stock Appreciation RightF13 | $83.29 | Jun 1, 2018 | M | 2,500 | D | — | Aug 16, 2026 | Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1Represents the difference between the number of SARs exercised (3,534) and the number of shares issuable as a result of the exercise (852).
- F10Vest 1/3 / Anni beginning on 27-Aug-2013
- F11Vest 1/3 / Anni beginning on 26-Aug-2014
- F12Vest 1/3 / Anni beginning on 20-Aug-2015
- F13Vest 1/3 / Anni beginning on 16-Aug-2016
- F2Represents the difference between the number of SARs exercised (3,950) and the number of shares issuable as a result of the exercise (639).
- F3Represents the difference between the number of SARs exercised (11,891) and the number of shares issuable as a result of the exercise (3,669).
- F4Represents the difference between the number of SARs exercised (11,880) and the number of shares issuable as a result of the exercise (1,870).
- F5Represents the difference between the number of SARs exercised (9,765) and the number of shares issuable as a result of the exercise (3,621).
- F6Represents the difference between the number of SARs exercised (2,500) and the number of shares issuable as a result of the exercise (183).
- F7The reporting person's sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
- F8Vest 1/3 / Anni beginning on 18-Aug-2011
- F9Vest 1/3 / Anni beginning on 13-Aug-2012