Filing Details

Accession Number:
0001309507-11-000012
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-24 18:19:09
Reporting Period:
2011-05-23
Filing Date:
2011-05-24
Accepted Time:
2011-05-24 17:19:09
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 2011-05-23 12,225 $24.32 247,909 No 4 M Direct
Common Stock Disposition 2011-05-23 10,596 $36.75 237,313 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 2011-05-23 12,225 $0.00 12,225 $24.32
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
134,475 2011-02-22 2017-02-22 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 May 23, 2011, the Reporting Person sold shares of common stock of VeriSign, Inc. at prices ranging from $36.54 to $36.86 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.
  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.