Douglas L. Tobler - 30 Jul 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
Issuer symbol: VGZ
Transactions as of: 30 Jul 2021
Net transactions value: -$4,746
Form type: 4
Filing time: 02 Aug 2021, 17:05:48 UTC
Previous filing: 12 Jul 2021
Next filing: 01 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		+11,880	+13%		102,686	30 Jul 2021	Direct	F1
transaction	VGZ	Common Shares	Tax liability	$4,746	-5,215	-5.1%	$0.9100	97,471	30 Jul 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	-11,880	-33%	$0.000000	24,454	30 Jul 2021	Common Shares	11,880	$0.000000	Direct	F1, F3
transaction	VGZ	Restricted Stock Units (Common Shares)	Disposed to Issuer	$0	-18,787	-77%	$0.000000	5,667	30 Jul 2021	Common Shares	18,787	$0.000000	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.