Douglas L. Tobler - Jul 30, 2021 Form 4 Insider Report for VISTA GOLD CORP (VGZ)

Role
CFO
Signature
/s/ Paula J. Shade as attorney-in-fact for Douglas L. Tobler
Stock symbol
VGZ
Transactions as of
Jul 30, 2021
Transactions value $
-$4,746
Form type
4
Date filed
8/2/2021, 05:05 PM
Previous filing
Jul 12, 2021
Next filing
Nov 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGZ Common Shares Options Exercise +11.9K +13.08% 103K Jul 30, 2021 Direct F1
transaction VGZ Common Shares Tax liability -$4.75K -5.22K -5.08% $0.91 97.5K Jul 30, 2021 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 -11.9K -32.7% $0.00 24.5K Jul 30, 2021 Common Shares 11.9K $0.00 Direct F1, F3
transaction VGZ Restricted Stock Units (Common Shares) Disposed to Issuer $0 -18.8K -76.83% $0.00 5.67K Jul 30, 2021 Common Shares 18.8K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of VGZ common stock ("RSU").
F2 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 11,880 restricted stock units granted to the reporting person on July 30, 2019.
F3 The RSUs granted on 7/30/2019, and reported on a Form 4 filed with the Securities and Exchange Commission on 7/30/2019, vest as follows: Vesting of 17,000 of the RSUs occurs 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. Vesting of 25,000 of the RSUs occured on 7/30/2021; vesting was contingent upon share price performance criteria for the Issuer's common shares during the 2-year vesting period. The remaining RSUs are subject to performance criteria.