Pamela A. Solly - 04 Mar 2025 Form 4 Insider Report for VISTA GOLD CORP (VGZ)

Signature
/s/ Glenn Cowan as attorney-in-fact for Pamela A. Solly
Issuer symbol
VGZ
Transactions as of
04 Mar 2025
Net transactions value
-$23,810
Form type
4
Filing time
06 Mar 2025, 20:57:42 UTC
Previous filing
07 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VGZ Common Shares Options Exercise +82,583 +37% 305,014 05 Mar 2025 Direct F1
transaction VGZ Common Shares Tax liability $23,810 -33,069 -11% $0.7200 271,945 05 Mar 2025 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 Award $0 +91,000 $0.000000 91,000 04 Mar 2025 Common Shares 91,000 Direct F1, F3
transaction VGZ Restricted Stock Units Options Exercise $0 -8,000 -100% $0.000000 0 05 Mar 2025 Common Shares 8,000 Direct F1, F4
transaction VGZ Restricted Stock Units Options Exercise $0 -59,916 -62% $0.000000 36,084 05 Mar 2025 Common Shares 59,916 Direct F1, F5
transaction VGZ Restricted Stock Units Disposed to Issuer $0 -16,750 -46% $0.000000 19,334 05 Mar 2025 Common Shares 16,750 Direct F1, F5
transaction VGZ Restricted Stock Units Options Exercise $0 -14,667 -9.9% $0.000000 133,333 05 Mar 2025 Common Shares 14,667 Direct F1, F6
* 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 RSUs reported in Table II.
F3 The RSUs vest as follows: 27,000 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; and 64,000 two years following the grant date, contingent on share price performance criteria for the Issuer's common shares during the 2-year vesting period. Settlement of vested RSUs will occur as soon as administratively feasible following the vesting date.
F4 60,000 RSUs were granted on March 2, 2022, vesting as follows: 24,000 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; and 36,000 two years following the grant date, contingent on share price performance criteria for the Issuer's common shares during the 2-year vesting period. Settlement of vested RSUs will occur as soon as administratively feasible following the vesting date.
F5 96,000 RSUs were granted on March 5, 2023, vesting as follows: 29,000 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; and 67,000 two years following the grant date, contingent on share price performance criteria for the Issuer's common shares during the 2-year vesting period. Settlement of vested RSUs will occur as soon as administratively feasible following the vesting date.
F6 148,000 RSUs were granted on February 26, 2024, vesting as follows: 44,000 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; and 104,000 two years following the grant date, contingent on share price performance criteria for the Issuer's common shares during the 2-year vesting period. Settlement of vested RSUs will occur as soon as administratively feasible following the vesting date.