Filing Details

Accession Number:
0001309507-11-000014
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-15 13:00:00
Reporting Period:
2011-07-14
Filing Date:
2011-07-15
Accepted Time:
2011-07-15 16:04:25
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 Acquisiton 2011-07-14 9,500 $17.40 246,813 No 4 M Direct
Common Stock Disposition 2011-07-14 8,363 $33.51 238,450 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 2011-07-14 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
57,000 2010-01-14 2016-01-14 No 4 M Direct
Footnotes
  1. The transactions reported on this Form 4 were executed under the Reporting Person's Rule 10b5-1 Plan.
  2. On July 14, 2011, the Reporting Person sold shares of common stock of VeriSign, Inc. at prices ranging from $33.5000 to $33.5400 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. 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.