SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
PESCIO CARL A

(Last) (First) (Middle)
C/O ALLIED NEVADA GOLD CORP
7961 SHAFFER PARKWAY, SUITE 5

(Street)
LITTLETON CO 80127

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Allied Nevada Gold Corp [ ANV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock(1) 05/10/2007 A 12,000,000 A (2) 12,000,000 D
Common Stock 05/10/2007 J 2,700,000 D (3) 9,300,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
PESCIO CARL A

(Last) (First) (Middle)
C/O ALLIED NEVADA GOLD CORP
7961 SHAFFER PARKWAY, SUITE 5

(Street)
LITTLETON CO 80127

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Pescio Janet

(Last) (First) (Middle)
C/O ALLIED NEVADA GOLD CORP.
7961 SHAFFER PARKWAY, SUITE 5

(Street)
LITTLETON CO 80127

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Ownership of the acquired shares is also disclosed separately on a Form 3 filed by Janet Pescio, dated as of May 10, 2007.
2. Transactions effected pursuant to an Arrangement Agreement dated Sept. 22, 2006, as amended (the "Arrangement Agreement"), among the Issuer, Vista Gold Corp., Janet Pescio and Carl Pescio. On May 10, 2007, pursuant to the terms of the Arrangement Agreement, Janet Pescio and Carl Pescio transferred their interests in certain Nevada mining properties and related assets to the Issuer in return for 12,000,000 common shares of the Issuer and $15 million in cash from the Issuer. For further information concerning these transactions, see Amendment No. 4 to the Registration Statement on Form 10 of the Issuer, filed with the Commission on April 23, 2007.
3. Carl Pescio and Janet Pescio (the "Pescios") agreed to transfer a portion of their consideration received in the above transaction to Greg Hryhorchuk and Robert Lipsett in consideration of assistance provided by Messrs. Hryhorchuk and Lipsett to the Pescios. Amount shown represents the transferred portion of the Pescios' consideration.
/s/ Carl Pescio 05/10/2007
/s/ Janet Pescio 05/10/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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