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
- 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.
- 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.
- 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.
Billionaire Hedge Funds
