Frederick Hume Earnest - 26 Feb 2024 Form 4 Insider Report for VISTA GOLD CORP (VGZ)

Role: President & CEO, Director
Signature: /s/ Glenn Cowan as attorney-in-fact for Frederick Hume Earnest
Issuer symbol: VGZ
Transactions as of: 26 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 28 Feb 2024, 14:58:53 UTC
Previous filing: 07 Mar 2023
Next filing: 07 Mar 2024
SEC: View on sec.gov

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	VGZ	Restricted Stock Units	Award	$0	+597,000		$0.000000	597,000	26 Feb 2024	Common Shares	597,000	$0.000000	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2	The RSUs vest as follows: 179,000 over a 36-month period (1/3 at 12 months, 1/3 at 24 months, and 1/3 at 36 months), subject to the reporting person's continuing service as an officer of the Issuer; and 418,000 on February 26, 2026, contingent on share price performance criteria for the Issuer's common shares during the 2-year vesting period. Settlement of vested RSUs will occur as soon as administratively feasible following the vesting date.

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.

The RSUs vest as follows: 179,000 over a 36-month period (1/3 at 12 months, 1/3 at 24 months, and 1/3 at 36 months), subject to the reporting person's continuing service as an officer of the Issuer; and 418,000 on February 26, 2026, contingent on share price performance criteria for the Issuer's common shares during the 2-year vesting period. Settlement of vested RSUs will occur as soon as administratively feasible following the vesting date.