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VERISIGN INC/CA — Director's Dealing 2012
Feb 28, 2012
30207_dirs_2012-02-28_4ede5fc7-034c-41b0-8f6d-9caa036e48c8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VERISIGN INC/CA (VRSN)
CIK: 0001014473
Period of Report: 2012-02-24
Reporting Person: KANE PATRICK S (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-24 | Common Stock | A | 10900 | — | Acquired | 64930.0104 | Direct |
| 2012-02-24 | Common Stock | F | 877 | $37.64 | Disposed | 64053.0104 | Direct |
Footnotes
F1: On February 22, 2011, Reporting Person was awarded performance based restricted stock units (RSUs). On February 24, 2012, actual performance against goals was determined and the Reporting Person was awarded 10,900 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 vested on February 24, 2012, and will vest thereafter as to an additional twenty-five percent (25%) of the grant on each of February 22, 2013, February 22, 2014 and February 22, 2015, subject to necessary withholding for applicable taxes.
F2: Reporting Person's total direct holdings disclosed in Table I, Item 5 under Amount of Securities Beneficially Owned Following Reported Transaction(s) includes 179 shares acquired January 31, 2012 under the VeriSign 2007 Employee Stock Purchase Plan.
F3: 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.