Filing Details

Accession Number:
0001209191-16-117169
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-03 20:02:53
Reporting Period:
2016-04-29
Filing Date:
2016-05-03
Accepted Time:
2016-05-03 20:02:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1014473 Verisign Inc VRSN () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
315090 E Warren Buffett 3555 Farnam Street
Omaha NE 68131
No No Yes No
1067983 Berkshire Hathaway Inc 3555 Farnam Street
Omaha NE 68131
No No Yes 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 2016-04-29 12,900 $87.59 12,972,100 No 4 S Indirect See footnotes 2 and 3
Common Stock Disposition 2016-04-29 1,244 $88.47 12,970,856 No 4 S Indirect See footnotes 2 and 3
Common Stock Disposition 2016-04-29 7,711 $89.75 12,963,145 No 4 S Indirect See footnotes 2 and 3
Common Stock Disposition 2016-04-29 5,392 $90.87 12,957,753 No 4 S Indirect See footnotes 2 and 3
Common Stock Disposition 2016-04-29 5,008 $91.50 12,952,745 No 4 S Indirect See footnotes 2 and 3
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes 2 and 3
No 4 S Indirect See footnotes 2 and 3
No 4 S Indirect See footnotes 2 and 3
No 4 S Indirect See footnotes 2 and 3
No 4 S Indirect See footnotes 2 and 3
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.135 to $88.12. Berkshire Hathaway Inc. ("Berkshire") and the other reporting person undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 1, and 4 to 7 to this Form 4.
  2. 7,905,481 of the total reported securities are owned by the following subsidiaries of Berkshire: Government Employees Insurance Company (3,893,300), GEICO Casualty Company (3,138,081), GEICO Indemnity Company (74,500), GEICO Advantage Insurance Company (269,000), GEICO Choice Insurance Company (268,700) and GEICO Secure Insurance Company (261,900). As Berkshire is in the chain of ownership of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each subsidiary. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  3. 5,047,264 of the total reported securities are owned by the following pension plans of Berkshire's subsidiaries: ACME Brick Company Pension Trust (115,363), The Buffalo News Mechanical Pension Plan (38,600), The Buffalo News Editorial Pension Plan (98,532), Dexter Pension Plan (101,169), Johns Manville Corporation Master Pension Trust (98,500), Scott Fetzer Company Collective Investment Trust (95,100), BNSF Master Retirement Trust (3,800,000) and Lubrizol Corp Master Trust Pension (700,000). Each of Berkshire, Mr. Buffett and these pension plans disclaims beneficial ownership in such shares.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.21 to $89.13.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.17 to $90.13.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.15 to $91.13.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.135 to $91.81.