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VISTA GOLD CORP — Director's Dealing 2020
Aug 3, 2020
33824_dirs_2020-08-03_68ccceb8-4ec5-46d4-90ce-5e2196dad036.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VISTA GOLD CORP (VGZ)
CIK: 0000783324
Period of Report: 2020-07-30
Reporting Person: Tobler Douglas L. (CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-30 | Common Shares | M | 21361 | — | Acquired | 23361 | Direct |
| 2020-07-30 | Common Shares | F | 7691 | $1.17 | Disposed | 15670 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-30 | Restricted Stock Units | $0 | M | 21361 | Disposed | 2022-07-30 | Common Shares (21361) | Direct |
| 2020-07-30 | Restricted Stock Units (Common Shares) | $0 | D | 5805 | Disposed | 2022-07-30 | Common Shares (5805) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of VGZ common stock ("RSU").
F2: 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 will 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 will occur on 7/30/2021; vesting is 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.