Filing Details

Accession Number:
0001204822-10-000009
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-02-26 12:00:00
Reporting Period:
2010-02-25
Filing Date:
2010-02-26
Accepted Time:
2010-02-26 14:31:00
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
1204822 S Russell Lewis 487 East Middlefield Road
Mountain View CA 94043
Executive Vice President No 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 2010-02-25 3,896 $24.26 122,711 No 4 S Direct
Common Stock Acquisiton 2010-02-25 24,649 $17.94 147,360 No 4 M Direct
Common Stock Disposition 2010-02-25 22,972 $24.52 124,388 No 4 S Direct
Common Stock Acquisiton 2010-02-25 6,250 $18.64 130,638 No 4 M Direct
Common Stock Disposition 2010-02-25 5,870 $24.52 124,768 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 S Direct
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 2010-02-25 24,649 $0.00 24,649 $17.94
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2010-02-25 6,250 $0.00 6,250 $18.64
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,521 2007-08-01 2013-08-01 No 4 M Direct
18,750 2010-02-23 2016-02-23 No 4 M Direct
Footnotes
  1. On February 25, 2010, the Reporting Person sold shares of common stock of VeriSign, Inc. at prices ranging from $24.5000 to $24.5500 per share. The Reporting Person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commision, VeriSign, Inc., or a security holder of VeriSign, Inc. full information regarding the number of shares sold at each separate price.
  2. Twenty-five percent (25%) of the total options granted vest and become exercisable one year after the date of grant and thereafter with respect to 6.25% of the shares each quarter until fully vested.
  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.