Mark Isto - May 8, 2023 Form 4 Insider Report for ROYAL GOLD INC (RGLD)

Role: EVP & COO of Royal Gold Corp
Signature: Michelle Perry as Attorney-in-Fact for Mark Isto
Stock symbol: RGLD
Transactions as of: May 8, 2023
Transactions value $: -$1,062,134
Form type: 4
Date filed: 5/11/2023, 08:00 AM
Previous filing: Mar 6, 2023
Next filing: Aug 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RGLD	Common Stock	Options Exercise	$100K	+1.52K	+4.99%	$65.85	32K	May 8, 2023	Direct
transaction	RGLD	Common Stock	Options Exercise	$100K	+1.77K	+5.53%	$56.54	33.7K	May 8, 2023	Direct
transaction	RGLD	Common Stock	Options Exercise	$285K	+3.26K	+9.67%	$87.42	37K	May 8, 2023	Direct
transaction	RGLD	Common Stock	Options Exercise	$885K	+7.1K	+19.2%	$124.60	44.1K	May 8, 2023	Direct
transaction	RGLD	Common Stock	Options Exercise	$58.1K	+480	+1.09%	$121.12	44.6K	May 8, 2023	Direct
transaction	RGLD	Common Stock	Options Exercise	$99.9K	+1.2K	+2.69%	$83.29	45.8K	May 8, 2023	Direct
transaction	RGLD	Common Stock	Options Exercise	$513K	+6.6K	+14.43%	$77.73	52.4K	May 8, 2023	Direct
transaction	RGLD	Common stock	Disposed to Issuer	-$1.57M	-11.1K	-21.24%	$141.16	41.2K	May 8, 2023	Direct	F1
transaction	RGLD	Common Stock	Tax liability	-$162K	-1.14K	-2.77%	$141.60	40.1K	May 8, 2023	Direct	F2
transaction	RGLD	Common Stock	Sale	-$1.37M	-9.66K	-24.09%	$141.89	30.4K	May 8, 2023	Direct	F3

Showing 1 to 10 of 10 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RGLD	Stock Appreciation Right	Options Exercise	$0	-7.1K	-100%	$0.00^*	0	May 8, 2023	Common Stock	7.1K	$124.60	Direct	F4
transaction	RGLD	Stock Appreciation Right	Options Exercise	$0	-480	-100%	$0.00^*	0	May 8, 2023	Common Stock	480	$121.12	Direct	F5
transaction	RGLD	Stock Appreciation Right	Options Exercise	$0	-2.5K	-100%	$0.00^*	0	May 8, 2023	Common Stock	2.5K	$87.42	Direct	F6
transaction	RGLD	Stock Appreciation Right	Options Exercise	$0	-5.32K	-100%	$0.00^*	0	May 8, 2023	Common Stock	5.32K	$77.73	Direct	F7
transaction	RGLD	Stock Option (Right to Buy)	Options Exercise	$0	-762	-100%	$0.00^*	0	May 8, 2023	Common Stock	762	$87.42	Direct	F6
transaction	RGLD	Stock Option (Right to Buy)	Options Exercise	$0	-1.2K	-100%	$0.00^*	0	May 8, 2023	Common Stock	1.2K	$83.29	Direct	F8
transaction	RGLD	Stock Option (Right to Buy)	Options Exercise	$0	-1.29K	-100%	$0.00^*	0	May 8, 2023	Common Stock	1.29K	$77.73	Direct	F7
transaction	RGLD	Stock Option (Right to Buy)	Options Exercise	$0	-1.52K	-100%	$0.00^*	0	May 8, 2023	Common Stock	1.52K	$65.85	Direct	F9
transaction	RGLD	Stock Option (Right to Buy)	Options Exercise	$0	-1.77K	-100%	$0.00^*	0	May 8, 2023	Common Stock	1.77K	$56.54	Direct	F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the difference between the number of SARs exercised (15,395) and the number of shares issuable as a result of the exercise (4,270).
F10	One-third vested annually over three years beginning on August 20, 2015.
F2	Represents the shares withheld to satisfy taxes; no shares were sold.
F3	This transaction was executed in multiple trades at prices ranging from $141.46 to $142.18; the price reported above reflects the weighted average sale price.
F4	One-third vested annually over three years beginning on August 13, 2019.
F5	One-third vested over three years with the first tranche vesting on August 13, 2020 and on August 13th each year after.
F6	One-third vested annually over three years beginning on August 23, 2017.
F7	One-third vested annually over three years beginning on August 21, 2018.
F8	One-third vested annually over three years beginning on August 16, 2016.
F9	One-third vested annually over three years beginning on January 5, 2015.