Filing Details

Accession Number:
0001309507-11-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-01-18 12:00:00
Reporting Period:
2011-01-14
Filing Date:
2011-01-18
Accepted Time:
2011-01-18 14:53:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1014473 Verisign Inc VRSN Services-Computer Programming Services (7371) 943221585
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1309507 D Mark Mclaughlin 21355 Ridgetop Circle
Dulles VA 20166
Ceo And President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2011-01-14 5,492 $33.15 151,779 No 4 F Direct
Common Stock Acquisiton 2011-01-14 9,500 $17.40 161,279 No 4 M Direct
Common Stock Disposition 2011-01-14 8,394 $32.56 152,885 No 4 S Direct
Common Stock Disposition 2011-01-18 6,987 $33.33 145,898 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2011-01-14 9,500 $0.00 9,500 $17.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
76,000 2010-01-14 2016-01-14 No 4 M Direct
Footnotes
  1. Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted stock units.
  2. On January 14, 2011, the Reporting Person sold shares of common stock of VeriSign, Inc. at prices ranging from $32.4900 to $32.6700 per share. The Reporting Person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, VeriSign, Inc., or a security holder of VeriSign, Inc. full information regarding the number of shares sold at each separate price.
  3. On January 18, 2011, the Reporting Person sold shares of common stock of VeriSign, Inc. at prices ranging from $33.1400 to $33.5200 per share. The Reporting Person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, VeriSign, Inc., or a security holder of VeriSign, Inc. full information regarding the number of shares sold at each separate price.
  4. Twenty-five percent (25%) of the total options granted vest and become exercisable on the first anniversary of the date of grant and thereafter with respect to 6.25% of the shares each quarterly anniversary of the date of grant until fully vested.