Douglas L. Tobler - 30 Jul 2022 Form 4 Insider Report for VISTA GOLD CORP (VGZ)

Role
CFO
Signature
/s/ Paula J. Shade as attorney-in-fact for Douglas L. Tobler
Issuer symbol
VGZ
Transactions as of
30 Jul 2022
Net transactions value
-$1,567
Form type
4
Filing time
01 Aug 2022, 12:12:45 UTC
Previous filing
04 Mar 2022
Next filing
23 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGZ Common Shares Options Exercise +5,667 +2.8% 208,526 30 Jul 2022 Direct F1
transaction VGZ Common Shares Tax liability $1,567 -2,374 -1.1% $0.6600 206,152 30 Jul 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 -5,667 -100% $0.000000* 0 30 Jul 2022 Common Shares 5,667 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 5,667 restricted stock units granted to the reporting person on July 30, 2019.
F3 The RSUs were granted on 7/30/2019, and reported on a Form 4 filed with the Securities and Exchange Commission on 7/30/2019, and vested as follows: Vesting of 17,000 of the RSUs to occur 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 occurred on 7/30/2021 and was contingent upon share price performance criteria for the Issuer's common shares during the 2-year vesting period. The remaining RSUs were subject to performance criteria. Settlement of all vested RSUs will occur as soon as administratively feasible following the applicable vesting date(s).