SEC Form 4 · accession 0001185548-18-000004
VERISIGN INC/CA · VRSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd B Strubbe
Officer — EVP and COO
Period of report
Feb 16, 2018
Accepted (ET)
Feb 21, 2018 · 4:51 pm EST
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 | Feb 16, 2018 | A | 37,981 | $0.00 | A | 135,713 | D | |
| Common Stock | Feb 16, 2018 | F | 16,489 | $120.55 | D | 119,224 | D | |
| Common Stock | Feb 17, 2018 | F | 477 | $120.55 | D | 118,747 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 20, 2015, Reporting Person was awarded performance based restricted stock units (RSUs). On February 16, 2018, actual performance against goals was determined for the performance period of such award and the Reporting Person was awarded 37,981 RSUs. Each RSU represents a contingent right to receive one (1) share of VeriSign common stock once vested.
- F2Disposition 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.