VISTA GOLD CORP — Director's Dealing 2021

Feb 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISTA GOLD CORP (VGZ)
CIK: 0000783324
Period of Report: 2021-02-23

Reporting Person: Earnest Frederick Hume (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-23	Restricted Stock Units	$0	A	279000	Acquired	2024-02-23	Common Shares (279000)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of VGZ common stock ("RSU"). Vesting of 78,000 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 117,000 of the RSUs will occur on 2/23/2023; vesting is contingent upon share price performance criteria for the Issuer's common shares during the two-year vesting period. The remaining RSUs are subject to performance criteria.

F2: VESTING OF THE RSU GRANTS IS SUBJECT TO PERFORMANCE AND MARKET PRICE CRITERIA AND THE RSUs WILL NOT NECESSARILY VEST OR CONVERT INTO NON-DERIVATIVE SECURITIES TO BE BENEFICIALLY OWNED BY THE REPORTING PERSON.