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VISTA GOLD CORP — Director's Dealing 2021
Mar 3, 2021
33824_dirs_2021-03-03_8c7b40a2-fb73-4b1c-8d62-8669e5e29c3b.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: 2021-03-01
Reporting Person: Earnest Frederick Hume (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-01 | Common Shares | M | 172483 | — | Acquired | 1479760 | Direct |
| 2021-03-01 | Common Shares | F | 79342 | $0.95 | Disposed | 1400418 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-01 | Restricted Stock Units | $ | D | 10850 | Disposed | 2023-03-01 | Common Shares (10850) | Direct |
| 2021-03-01 | Restricted Stock Units | $ | M | 172483 | Disposed | 2023-03-01 | Common Shares (172483) | 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 March 1, 2020, and reported on a Form 4 filed with the Securities and Exchange Commission on March 4, 2020. Vesting of 196,000 of the RSUs will occur on 3/1/2022; vesting is contingent upon share price performance criteria for the Issuer's common shares during the two-year vesting period. Vesting of 130,000 RSUs occurs as follows: 1/3 on March 1, 2021; 1/3 on March 1, 2022; and 1/3 on March 1, 2023. The remaining RSUs were subject to performance criteria.