SEC Form 4 · accession 0001185548-15-000006
VERISIGN INC/CA · VRSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd B Strubbe
Officer — EVP & Chief Operating Officer
Period of report
Apr 20, 2015
Accepted (ET)
Apr 22, 2015 · 4:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001014473
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 20, 2015 | A | 20,755 | $0.00 | A | 20,755 | D | |
| Common StockF2 | Apr 20, 2015 | A | 57,151 | $0.00 | A | 77,906 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 20, 2015, Reporting Person was awarded restricted stock units (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 vests on the first anniversary of the date of grant and thereafter as to twenty-five percent (25%) of the granted RSU on each subsequent annual anniversary date of the date of grant, subject to necessary withholding for applicable taxes.
- F2On April 20, 2015, Reporting Person was awarded restricted stock units (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 vests on June 30, 2015, and will vest thereafter as to an additional twenty-five percent (25%) of the grant on each of April 20, 2016, April 20, 2017 and April 20, 2018, subject to necessary withholding for applicable taxes.