"I was thinking if I start early in the morning, I'll have all the time in the world to reach the summit," Vasto said of his second attempt.
The trail runs through some 5.5 miles (8.9 kilometres) of steep, rocky terrain between the Arizona Snowbowl ski resort and Humphreys Peak, the state's highest point with an elevation of 12,633 feet (3,851 meters).
During the first rescue, tracked vehicles from the ski resort that travel on snow drove Vasto off the mountain and he declined medical attention.
But at 5 pm the next day, Vasto called 911 to say he needed help after injuring himself in a fall near a ridge on the Humphreys Trail.
An Arizona Department of Public Safety rescue helicopter was sent to pick up Vasto and another hiker who had stopped to help him.
Vasto was "provided with preventative search and rescue education about the conditions on the trail and the approaching winter storm and encouraged to not attempt the hike again," the Sheriff's Office statement said.
The other hiker who stopped to help Vasto, Phillip Wyatt, said it was "very apparent that he wasn't prepared for the climate that he had gotten himself into."
Wyatt decided to stay with Vasto and provided his number to the search and rescue team so that they could make contact in the likely scenario that Vasto's phone ran out of battery life because he had been using it to check his route on a trail locater app.
"I really respect Phil's perseverance," Wyatt told the Daily Sun. "I hope that he's able to make it to the top sometime."