Pamela A. Solly - 05 Mar 2024 Form 4 Insider Report for VISTA GOLD CORP (VGZ)

Role
VP, Investor Relations
Signature
/s/ Glenn Cowan as attorney-in-fact for Pamela A. Solly
Issuer symbol
VGZ
Transactions as of
05 Mar 2024
Net transactions value
-$8,364
Form type
4
Filing time
07 Mar 2024, 10:38:16 UTC
Previous filing
28 Feb 2024
Next filing
06 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGZ Common Shares Options Exercise +6,334 +3.3% 198,164 05 Mar 2024 Direct F1
transaction VGZ Common Shares Options Exercise +35,000 +18% 233,164 05 Mar 2024 Direct F1
transaction VGZ Common Shares Options Exercise +9,666 +4.1% 242,830 05 Mar 2024 Direct F1
transaction VGZ Common Shares Tax liability $8,364 -20,399 -8.4% $0.4100 222,431 05 Mar 2024 Direct F2

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 Options Exercise $0 -6,334 -100% $0.000000* 0 05 Mar 2024 Common Shares 6,334 Direct F1, F3
transaction VGZ Restricted Stock Units Options Exercise $0 -35,000 -67% $0.000000 17,000 05 Mar 2024 Common Shares 35,000 Direct F1, F4
transaction VGZ Restricted Stock Units Disposed to Issuer $0 -9,000 -53% $0.000000 8,000 05 Mar 2024 Common Shares 9,000 Direct F1, F4
transaction VGZ Restricted Stock Units Options Exercise $0 -9,666 -10% $0.000000 86,334 05 Mar 2024 Common Shares 9,666 Direct F1, F5
* 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 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs reported in Table II.
F3 58,500 RSUs were granted on February 23, 2021, vesting as follows: 19,000 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 29,000 on February 23, 2023, 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.
F4 60,000 RSUs were granted March 2, 2022, vesting as follows: 24,000 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 36,000 on March 2, 2024, 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.
F5 96,000 RSUs were granted on March 5, 2023, vesting as follows: 29,000 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 67,000 on March 5, 2025, 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.