Frederick Hume Earnest - 25 Jul 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
Issuer symbol: VGZ
Transactions as of: 25 Jul 2021
Net transactions value: -$34,466
Form type: 4
Filing time: 27 Jul 2021, 16:45:26 UTC
Next filing: 02 Nov 2021
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		+38,000	+2.5%		1,565,204	25 Jul 2021	Direct	F1
transaction	VGZ	Common Shares	Disposed to Issuer	$34,466	-38,000	-2.4%	$0.9070	1,527,204	25 Jul 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		-38,000	-100%		0	25 Jul 2021	Common Stock	38,000	$0.000000	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.