Randy Shefman - 02 Jun 2022 Form 4 Insider Report for ROYAL GOLD INC (RGLD)

Signature
Michelle Perry as Attorney in fact for Randy Shefman
Issuer symbol
RGLD
Transactions as of
02 Jun 2022
Net transactions value
-$142,585
Form type
4
Filing time
06 Jun 2022, 16:15:47 UTC
Previous filing
07 Mar 2022
Next filing
16 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGLD Common Stock Options Exercise $122,388 +1,400 +15% $87.42 10,856 02 Jun 2022 Direct
transaction RGLD Common Stock Options Exercise $108,822 +1,400 +13% $77.73 12,256 02 Jun 2022 Direct
transaction RGLD Common Stock Options Exercise $99,948 +1,200 +9.8% $83.29 13,456 02 Jun 2022 Direct
transaction RGLD Common Stock Disposed to Issuer $331,250 -2,793 -21% $118.60 10,663 02 Jun 2022 Direct F1
transaction RGLD Common Stock Tax liability $67,483 -569 -5.3% $118.60 10,094 02 Jun 2022 Direct F2
transaction RGLD Common Stock Sale $75,010 -638 -6.3% $117.57 9,456 02 Jun 2022 Direct

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 Settled Appreciation Right Options Exercise $0 -1,400 -100% $0.000000* 0 02 Jun 2022 Common Stock 1,400 $87.42 Direct F3
transaction RGLD Stock Settled Appreciation Right Options Exercise $0 -1,200 -100% $0.000000* 0 02 Jun 2022 Common Stock 1,200 $83.29 Direct F4
transaction RGLD Stock Settled Appreciation Right Options Exercise $0 -1,400 -100% $0.000000* 0 02 Jun 2022 Common Stock 1,400 $77.73 Direct F5
* 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 (4,000) and the number of shares issuable as a result of the exercise (1,208).
F2 Represents shares withheld to satisfy taxes; no shares were sold.
F3 One-third vested annually over three years beginning on 23-Aug-2017.
F4 One-third vested annually over three years beginning on 16-Aug-2016.
F5 One-third vested annually over three years beginning on 21-Aug-2018.