Pamela A. Solly - Mar 5, 2024 Form 4 Insider Report for VISTA GOLD CORP (VGZ)

Signature
/s/ Glenn Cowan as attorney-in-fact for Pamela A. Solly
Stock symbol
VGZ
Transactions as of
Mar 5, 2024
Transactions value $
-$8,364
Form type
4
Date filed
3/7/2024, 10:38 AM
Previous filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGZ Common Shares Options Exercise +6.33K +3.3% 198K Mar 5, 2024 Direct F1
transaction VGZ Common Shares Options Exercise +35K +17.66% 233K Mar 5, 2024 Direct F1
transaction VGZ Common Shares Options Exercise +9.67K +4.15% 243K Mar 5, 2024 Direct F1
transaction VGZ Common Shares Tax liability -$8.36K -20.4K -8.4% $0.41 222K Mar 5, 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 -6.33K -100% $0.00* 0 Mar 5, 2024 Common Shares 6.33K Direct F1, F3
transaction VGZ Restricted Stock Units Options Exercise $0 -35K -67.31% $0.00 17K Mar 5, 2024 Common Shares 35K Direct F1, F4
transaction VGZ Restricted Stock Units Disposed to Issuer $0 -9K -52.94% $0.00 8K Mar 5, 2024 Common Shares 9K Direct F1, F4
transaction VGZ Restricted Stock Units Options Exercise $0 -9.67K -10.07% $0.00 86.3K Mar 5, 2024 Common Shares 9.67K 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.