Filing Details

Accession Number:
0001431768-11-000017
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-19 20:43:06
Reporting Period:
2011-05-18
Filing Date:
2011-05-19
Accepted Time:
2011-05-19 20:43:06
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
1431768 G Brian Robins 21355 Ridgetop Circle
Dulles VA 20166
Evp & Chief Financial Officer 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 Acquisiton 2011-05-18 905 $0.00 139,925 No 4 A Direct
Common Stock Acquisiton 2011-05-18 34 $0.00 139,958 No 4 A Direct
Common Stock Acquisiton 2011-05-18 2 $0.00 139,961 No 4 A Direct
Common Stock Acquisiton 2011-05-18 27 $0.00 139,987 No 4 A Direct
Common Stock Acquisiton 2011-05-18 4 $0.00 139,992 No 4 A Direct
Common Stock Acquisiton 2011-05-18 44 $0.00 140,035 No 4 A Direct
Common Stock Acquisiton 2011-05-18 73 $0.00 140,109 No 4 A Direct
Common Stock Acquisiton 2011-05-18 189 $0.00 140,298 No 4 A Direct
Common Stock Acquisiton 2011-05-18 423 $0.00 140,721 No 4 A Direct
Common Stock Acquisiton 2011-05-18 1,364 $0.00 142,085 No 4 A Direct
Common Stock Disposition 2011-05-18 1,343 $37.32 140,742 No 4 S Direct
Common Stock Disposition 2011-05-18 1,316 $37.32 139,426 No 4 S Direct
Common Stock Acquisiton 2011-05-18 5,000 $26.19 144,426 No 4 M Direct
Common Stock Disposition 2011-05-18 4,665 $37.29 139,761 No 4 S Direct
Common Stock Acquisiton 2011-05-18 5,000 $25.30 144,761 No 4 M Direct
Common Stock Disposition 2011-05-18 4,634 $37.28 140,127 No 4 S Direct
Common Stock Acquisiton 2011-05-18 6,250 $18.64 146,377 No 4 M Direct
Common Stock Disposition 2011-05-18 5,502 $37.29 140,875 No 4 S Direct
Common Stock Acquisiton 2011-05-18 15,750 $24.32 156,625 No 4 M Direct
Common Stock Disposition 2011-05-18 14,488 $37.29 142,137 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
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 2011-05-18 6,250 $0.00 6,250 $18.64
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2011-05-18 15,750 $0.00 15,750 $24.32
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2011-05-18 5,000 $0.00 5,000 $25.30
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2011-05-18 5,000 $0.00 5,000 $26.19
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
25,000 2010-02-23 2016-02-23 No 4 M Direct
47,250 2011-02-22 2017-02-22 No 4 M Direct
0 2008-02-28 2014-02-28 No 4 M Direct
0 2008-02-15 2014-02-15 No 4 M Direct
Footnotes
  1. Additional restricted stock units ("RSUs") received in connection with outstanding RSUs and the $2.75 per share of Common Stock cash dividend declared by VeriSign, Inc.'s Board of Directors on April 27, 2011 and paid on May 18, 2011. Each RSU represents a contingent right to receive one (1) share of VeriSign Common Stock once vested. These additional RSUs will vest on the same schedule as the already outstanding RSUs.
  2. On May 18, 2011, the Reporting Person sold shares of common stock of VeriSign, Inc. at prices ranging from $37.280 to $37.285 per share. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, VeriSign, Inc. or a security holder of VeriSign, Inc. full information regarding the number of shares sold at each price.
  3. On May 18, 2011, the Reporting Person sold shares of common stock of VeriSign, Inc. at prices ranging from $37.28 to $37.31 per share. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, VeriSign, Inc. or a security holder of VeriSign, Inc. full information regarding the number of shares sold at each 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.
  5. 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.