SEC Form 4 · accession 0001185548-19-000004
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 15, 2019
Accepted (ET)
Feb 20, 2019 · 4:46 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 15, 2019 | A | 30,156 | $0.00 | A | 138,571 | D | |
| Common Stock | Feb 15, 2019 | F | 12,757 | $175.40 | D | 125,814 | D | |
| Common Stock | Feb 15, 2019 | F | 470 | $175.40 | D | 125,344 | D | |
| Common Stock | Feb 15, 2019 | F | 1,407 | $175.40 | D | 123,937 | D | |
| Common Stock | Feb 17, 2019 | F | 477 | $175.40 | D | 123,460 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 17, 2016, Reporting Person was awarded performance based restricted stock units (RSUs). On February 15, 2019, actual performance against goals was determined for the performance period of such award and the Reporting Person was awarded 30,156 RSUs. Each RSU represents a contingent right to receive one (1) share of Verisign common stock once vested. The RSUs vest in full on February 15, 2019.
- F2Disposition of shares exempt under Rule 16b-3 as payment of the tax liability to the Company by delivery or withholding of shares incident to the vesting of restricted stock units.