GROSS KAREN 4
4 · ROYAL GOLD INC · Filed Sep 25, 2012
Insider Transaction Report
Form 4
ROYAL GOLD INCRGLD
GROSS KAREN
VP and Secretary
Transactions
- Disposition to Issuer
Common Stock
2012-09-21$97.27/sh−3,064$298,035→ 111,211 total - Exercise/Conversion
Stock Appreciation Right
2012-09-21−12,000→ 0 totalExercise: $30.96From: 2009-11-05Exp: 2018-11-05→ Common Stock (12,000 underlying) - Sale
Common Stock
2012-09-21$96.80/sh−3,225$312,180→ 103,411 total - Exercise/Conversion
Stock Appreciation Right
2012-09-21−6,000→ 0 totalExercise: $49.66From: 2011-11-17Exp: 2020-11-17→ Common Stock (6,000 underlying) - Exercise/Conversion
Common Stock
2012-09-21$30.96/sh+12,000$371,520→ 112,095 total - Disposition to Issuer
Common Stock
2012-09-21$97.27/sh−3,820$371,571→ 108,275 total - Exercise/Conversion
Common Stock
2012-09-21$49.66/sh+6,000$297,960→ 114,275 total - Tax Payment
Common Stock
2012-09-21$96.80/sh−4,575$442,860→ 106,636 total
Footnotes (4)
- [F1]Includes 22,001 shares of restricted stock that have not yet vested.
- [F2]This represents the difference between the number of SARs exercised (12,000) and the number of shares issued as a result of the exercise (8,180). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date of exercise ($97.27) and the exercise price ($30.96).
- [F3]This represents the difference between the number of SARs exercised (6,000) and the number of shares issued as a result of the exercise (2,936). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date of exercise ($97.27) and the exercise price ($49.66).
- [F4]The range of the weighted average sale price is $96.61 to $96.91.