SEC Form 4 · accession 0001416332-15-000002
VERISIGN INC/CA · VRSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Tomlinson
Director
Period of report
Feb 11, 2015
Accepted (ET)
Feb 12, 2015 · 8:28 am 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 Stock | Feb 11, 2015 | M | 8,884 | $32.28 | A | 8,884 | D | |
| Common StockF1 | Feb 11, 2015 | S | 8,884 | $60.8148 | D | 0 | D | |
| Common StockF2 | holding | — | — | — | 14,140 | I | by Tomlinson FamTrst |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $32.28 | Feb 11, 2015 | M | 8,884 | D | Nov 4, 2008 | Aug 4, 2015 | Common Stock | 8,884 | 0 | D |
Explanation of responses
- F1On February 11, 2015, the Reporting Person sold shares of common stock of VeriSign, Inc. at prices ranging from $60.8100 to $60.8600 per share. The Reporting Person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, VeriSign, Inc. or a security holder of VeriSign, Inc. full information regarding the number of shares sold at each separate price.
- F2Shares held of record by the Tomlinson Family Trust dated March 2, 2004 of which Reporting Person and his spouse are co-trustees. Each trustee has independent control and voting power over the Trust.
- F3The option vests quarterly from the date of grant over one year until fully vested.