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Filing Details

Accession Number:: 0001309507-11-000006
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-02-24 16:14:33
Reporting Period:: 2011-02-22

Filing Date:: 2011-02-24
Accepted Time:: 2011-02-24 16:14:33
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2011-02-22	5,726	$35.10	166,643	No	4	F	Direct
Common Stock	Disposition	2011-02-22	870	$36.42	165,773	No	4	S	Direct
Common Stock	Acquisiton	2011-02-22	48,900	$24.32	214,673	No	4	M	Direct
Common Stock	Disposition	2011-02-22	44,769	$35.99	169,904	No	4	S	Direct
Common Stock	Acquisiton	2011-02-23	42,700	$0.00	212,604	No	4	A	Direct
Common Stock	Disposition	2011-02-23	7,612	$35.02	204,992	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	F	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	A	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2011-02-22	48,900	$0.00	48,900	$24.32

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
146,700	2011-02-22	2017-02-22	No	4	M	Direct

Footnotes

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.
The transactions reported on this Form 4 were executed under the Reporting Person's Rule 10b5-1 Plan.
On February 22, 2011, the Reporting Person sold shares of common stock of VeriSign, Inc. at prices ranging from $35.7800 to $36.4200 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.
On February 23, 2011, Reporting Person was awarded restricted stock units (RSUs). Each RSU represents a contingent right to receive one (1) share of VeriSign common stock once vested. Twenty-five percent (25%) of the grant vests on the first anniversary of the date of grant and thereafter as to twenty-five percent (25%) of the granted RSU on each subsequent annual anniversary date of the date of grant, subject to necessary withholding for applicable taxes.
On February 23, 2011, the Reporting Person sold shares of common stock of VeriSign, Inc. at prices ranging from $34.8800 to $35.0900 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.
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.