SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SCLAVOS STRATTON D

(Last) (First) (Middle)
487 EAST MIDDLEFIELD ROAD

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VERISIGN INC/CA [ VRSN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
05/31/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/31/2005 S 1,426 D $31.77 226,195 I by Sclavos1990RvTrst(1)
Common Stock 05/31/2005 S 5,874 D $31.76 220,321 I by Sclavos1990RvTrst(1)
Common Stock 05/31/2005 S 6,800 D $31.75 213,521 I by Sclavos1990RvTrst(1)
Common Stock 05/31/2005 S 7,100 D $31.74 206,421 I by Sclavos1990RvTrst(1)
Common Stock 05/31/2005 S 7,000 D $31.73 199,421 I by Sclavos1990RvTrst(1)
Common Stock 05/31/2005 S 1,800 D $31.72 197,621 I by Sclavos1990RvTrst(1)
Common Stock 158,739 D
Common Stock 85,600 I by EladhaPartnersLP
Common Stock 12,205 I by SclavosFmlyFndtn
Common Stock 18,333 I by SclavosFmlyPrtnrs
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $7.6719 10/30/1999 10/30/2005 Common Stock 16,288 16,288 D
Incentive Stock Option (right to buy) $74.188 12/29/2001 12/29/2007 Common Stock 2,694 2,694 D
Non-Qualified Stock Option (right to buy) $7.6719 10/30/1999 10/30/2005 Common Stock 65,409 65,409 D
Non-Qualified Stock Option (right to buy) $10.08 05/24/2003(2) 05/24/2009 Common Stock 600,000 600,000 D
Non-Qualified Stock Option (right to buy) $12.3125 12/15/1999 12/15/2005 Common Stock 400,000 400,000 D
Non-Qualified Stock Option (right to buy) $12.7813 12/18/1999 12/18/2005 Common Stock 800,000 800,000 D
Non-Qualified Stock Option (right to buy) $15.87 10/29/2004(3) 10/29/2010 Common Stock 690,717 690,717 D
Non-Qualified Stock Option (right to buy) $22.71 02/21/2003(2) 02/21/2009 Common Stock 600,000 600,000 D
Non-Qualified Stock Option (right to buy) $33.38 12/17/2005(4) 12/17/2011 Common Stock 250,000 250,000 D
Non-Qualified Stock Option (right to buy) $35.049 12/17/2005(5) 12/17/2011 Common Stock 400,000 400,000 D
Non-Qualified Stock Option (right to buy) $37.0625 07/30/2000 07/30/2006 Common Stock 400,000 400,000 D
Non-Qualified Stock Option (right to buy) $59.4 10/02/2001(6) 05/02/2008 Common Stock 100,000 100,000 D
Non-Qualified Stock Option (right to buy) $74.188 12/29/2001 12/29/2007 Common Stock 97,306 97,306 D
Non-Qualified Stock Option (right to buy) $55.94 08/01/2002(7) 08/01/2008 Common Stock 1,225,000 1,225,000 I By Boutari Ventures
Explanation of Responses:
1. Shares held of record by the Sclavos 1990 Revocable Trust of which Mr. Sclavos and Jody Sclavos, his wife, are co-trustees.
2. Twenty-five percent (25%) of the total options granted vest and become exercisable one year after the date of grant and thereafter with respect to 6.25% of the shares each quarter until fully vested.
3. Are exercisable as to 6.25% of the shares each quarter from the date of grant.
4. Twenty-five percent (25%) of the total options granted vest and become exercisable one year after the date of grant and thereafter with respect to 6.25% of the shares each quarter until fully vested.
5. Ten percent (10%) of the total options granted vest and become exercisable on the first anniversary of the date of grant, twenty percent (20%) of the total options granted vest and become exercisable on the second anniversary of the date of grant, thirty percent (30%) of the total options granted vest and become exercisable on the third anniversary of the date of grant, and forty percent (40%) of the total options granted vest and become exercisable on the fourth anniversary of the date of grant.
6. Options vest 25% on October 2, 2001, and thereafter with respect to 6.25% of the shares each quarter for a total of 25% each 12 month period.
7. Options vest 25% on November 1, 2001, and thereafter with respect to 6.25% of the shares each quarter for a total of 25% each 12 month period.
Remarks:
Reporting Person's total direct holdings disclosed in Table I, Item 5 under Amount of Securities Beneficially Owned Following Reported Transaction(s) includes shares acquired through the VeriSign 1998 Employee Stock Purchase Plan.
By: Donald T Rozak Jr, as attorney-in-fact For: Stratton D. Sclavos 05/31/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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