VISTA GOLD CORP — Director's Dealing 2021

May 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISTA GOLD CORP (VGZ)
CIK: 0000783324
Period of Report: 2021-05-02

Reporting Person: Rozelle John W. (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-02	Common Shares	M	82000	—	Acquired	533166	Direct
2021-05-02	Common Shares	F	25420	$1.06	Disposed	507746	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-02	Restricted Stock Units	$	M	82000	Disposed	2022-05-02	Common Shares (82000)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of VGZ common stock.

F2: The RSUs were granted on May 6, 2019, and reported on a Form 4 filed with the Securities and Exchange Commission on May 8, 2019. Vesting of 45,000 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 67,000 of the RSUs will occur on 5/2/2021; 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.