VISTA GOLD CORP — Director's Dealing 2011

Jan 14, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISTA GOLD CORP (VGZ)
CIK: 0000783324
Period of Report: 2010-12-15

Reporting Person: RICHINGS MICHAEL B (Director, Exec. Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-15	Common Stock	C	25000	$0.00	Acquired	127397	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-15	Special Warrants	$0.00	C	25000	Disposed		Special Warrants (25000)	Direct
2010-12-15	Common Stock Warrants	$	C	25000	Acquired	2015-10-21	Common Stock Warrants (25000)	Direct

Footnotes

F1: Conversion of special warrants; one special warrant = one common share plus one common share purchase warrant. The special warrants automatically converted into common stock and warrants on December 15, 2010. The warrants are exercisable at $3.50 for the first year, $4.00 for the second year, $4.50 for the third year and $5.00 thereafter until expiration date on October 21, 2015, subject to acceleration by the Issuer upon certain conditions.