Frederick Hume Earnest - Jul 25, 2021 Form 4 Insider Report for VISTA GOLD CORP (VGZ)

Role: President and CEO, Director
Signature: /s/ Paula J. Shade as attorney-in-fact for Frederick Hume Earnest
Stock symbol: VGZ
Transactions as of: Jul 25, 2021
Transactions value $: -$34,466
Form type: 4
Date filed: 7/27/2021, 04:45 PM
Next filing: Nov 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VGZ	Common Shares	Options Exercise		+38K	+2.49%		1.57M	Jul 25, 2021	Direct	F1
transaction	VGZ	Common Shares	Disposed to Issuer	-$34.5K	-38K	-2.43%	$0.91	1.53M	Jul 25, 2021	Direct	F1

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	Phantom Stock	Options Exercise		-38K	-100%		0	Jul 25, 2021	Common Stock	38K	$0.00	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock. The reporting person received the final 1/3 portion of his phantom stock which vested on 7/25/2021, in cash.