3
1
NASDAQ

  0001216924
  Officer


  VeriSign, Inc.
  0001014473
  94-3221585

01/27/03
3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3  INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

1. Name and Address of Reporting Person
   Balogh, Aristotle N
   487 East Middlefield Road


   Mountain View, CA  94043
2. Date of Event Requiring Statement (Month/Day/Year)
   1/27/2003
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

4. Issuer Name and Ticker or Trading Symbol
   VeriSign, Inc. (VRSN)
5. Relationship of Reporting Person to Issuer (Check all applicable)
   [ ] Director                   [ ] 10% Owner
   [X] Officer (give title below) [ ] Other (specify below)
   Senior Vice President,
   Operations and Infrastructure
6. If Amendment, Date of Original (Month/Day/Year)
7. 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 Beneficially Owned - ----------------------------------------------------------------------------------------------------- 1)Title of Security 2)Amount of 3) 4)Nature of Securities D Indirect Beneficially or Beneficial Owned I Ownership - ----------------------------------------------------------------------------------------------------- Table II Derivative Securitites Beneficially Owned - ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative Security 2)Date Exercisable 3)Title and Amount of 4)Conver- 5)Ownership 6)Nature of and Expiration Date Securities Underlying sion or Form of Indirect (Month/Day/Year) Derivative Security exercise Derivative Beneficial price of Security Ownership Date Expira- Amount or Deri- Direct(D) Exer- tion Number of vative or cisable Date Title Shares Security Indirect(I) - ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option (2) 08/04/03 Common Stock 8,600 $7.8930 D Direct (right to buy) Non-Qualified Stock Option (3) 05/24/09 Common Stock 50,000 $10.0800 D Direct (right to buy) Non-Qualified Stock Option (4) 08/16/04 Common Stock 4,250 $27.6170 D Direct (right to buy) Non-Qualified Stock Option (2) 12/30/03 Common Stock 301 $30.4360 D Direct (right to buy) Non-Qualified Stock Option (5) 04/20/04 Common Stock 10,535 $42.7910 D Direct (right to buy) Non-Qualified Stock Option (6) 06/23/07 Common Stock 47,320 $149.2500 D Direct (right to buy) Incentive Stock Option (right to(1) 06/23/07 Common Stock 2,680 $149.2500 D Direct buy) Explanation of Responses: (1) 1,340 options are exercisable immediately, 670 options will vest and become exercisable on December 23, 2003 and 670 options will ve st and become exercisable on June 23, 2004. (2) Immediately (3) 25% of the total options granted vest and become exercisable one year after the date of grant and thereafter with respect to 6.25% o f the shares each quarter until fully vested. (4) 2,150 options are exercisable immediately and 2,150 options will vest and become exercisable on August 17, 2003. (5) 7,525 options are exercisable immediately and 3,010 options will vest and become exercisable on April 21, 2003. (6) 29,910 options are exercisable immediately, 11830 options will vest and become exercisable on December 23, 2003 and 5,580 options wi ll vest and become exercisable on June 23, 2004.
SIGNATURE OF REPORTING PERSON /S/ By: Donald T Rozak Jr, as attorney-in-fact For: Aristotle N. Balogh DATE 01/27/03