Frederick Hume Earnest - May 2, 2022 Form 4 Insider Report for VISTA GOLD CORP (VGZ)

Signature
/s/ Paula J. Shade as attorney-in-fact for Frederick Hume Earnest
Stock symbol
VGZ
Transactions as of
May 2, 2022
Transactions value $
-$14,939
Form type
4
Date filed
5/3/2022, 05:16 PM
Previous filing
Mar 4, 2022
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGZ Common Shares Options Exercise +41K +2.37% 1.77M May 2, 2022 Direct F1
transaction VGZ Common Shares Tax liability -$14.9K -18K -1.02% $0.83 1.76M May 2, 2022 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 -41K -100% $0.00* 0 May 2, 2022 Common Shares 41K 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 ("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 41,000 RSUs granted to the reporting person on May 6, 2019.
F3 The RSUs were granted on May 6, 2019, and reported on a Form 4 filed with the Securities and Exchange Commission on May 8, 2019. Vesting of 123,000 of the RSUs occurred 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, with settlement to occur as soon as administratively possible following the vesting date. Vesting of the remaining RSUs occurred on May 2, 2021.