SEC Form 4 · accession 0001204816-15-000006
VERISIGN INC/CA · VRSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D James Bidzos
Officer — Executive Chairman · Director
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 4:33 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 13, 2015 | A | 78,159 | $0.00 | A | 659,881 | D | |
| Common Stock | Feb 13, 2015 | F | 25,958 | $62.15 | D | 633,923 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 26, 2013, Reporting Person was awarded performance based restricted stock units (RSUs). On February 13, 2015, actual performance against goals was determined for the first certification period of such award and the Reporting Person was awarded 78,159 RSUs. Each RSU represents a contingent right to receive one (1) share of VeriSign common stock once vested. The grant vests 100% on February 13, 2015, subject to applicable taxes upon delivery.
- 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.