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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KANE PATRICK S 21355 RIDGETOP CIRCLE DULLES, VA 20166 |
Senior Vice President |
By: Luci Altman, as Attorney-in-Fact For: Patrick Kane | 05/19/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Restricted stock units ("RSUs") received in connection with unvested options 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 RSUs will vest on the second anniversary of the grant date; provided the holder continues to be employed by, or provide services to, the company on such date. |
(2) | Restricted stock units ("RSUs") received in connection with vested options 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. RSUs immediately vest upon grant. |
(3) | 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. |
(4) | 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. |