5
1
NASDAQ

  0001204821
  Officer


  VeriSign, Inc.
  0001014473
  94-3221585

12/31/02
5
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check box if no longer subject to Section 16.
    Form 4 or Form 5 obligations may continue.

[ ] Form 3 Holdings Reported

[ ] Form 4 Transactions Reported

1. Name and Address of Reporting Person(s)
   Kremian, F. Terry
   487 East Middlefield Road


   Mountain View, CA  94043
2. Issuer Name and Ticker or Trading Symbol
   VeriSign, Inc. (VRSN)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

4. Statement for Month/Year
   12/02
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   [ ] Director                   [ ] 10% Owner
   [X] Officer (give title below) [ ] Other (specify below)
   EVP and GM,
   Telecom Services Group
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 Acquired, Disposed of, or Beneficially Owned - ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of action action or Disposed of (D) Securities Indirect Date Code A Beneficially D Beneficial (Month/ or Owned at or Ownership Day/Year) Code Amount D Price End of Year I - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 3,716 D Direct Table II (PART 1) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) - ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (D) Derivative Security Code A D Exercisable Expiration - ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $4.5000 07/01/08 (right to buy) Non-Qualified Stock Option $2.3700 11/10/07 (right to buy) Non-Qualified Stock Option $8.6100 08/20/09 (right to buy) Non-Qualified Stock Option $20.4400 10/07/09 (right to buy) Non-Qualified Stock Option $22.7100 02/21/02 A 180,000 (1) 02/21/09 (right to buy) Non-Qualified Stock Option $28.7000 02/01/11 (right to buy) Non-Qualified Stock Option $45.4400 04/24/10 (right to buy) Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) - ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I - Title Shares End of Year - ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option Common Stock 37,200 37,200 D Direct (right to buy) Non-Qualified Stock Option Common Stock 46,500 46,500 D Direct (right to buy) Non-Qualified Stock Option Common Stock 81,840 81,840 D Direct (right to buy) Non-Qualified Stock Option Common Stock 186 186 D Direct (right to buy) Non-Qualified Stock Option 02/21/02 Common Stock 180,000 180,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 46,500 46,500 D Direct (right to buy) Non-Qualified Stock Option Common Stock 12,090 12,090 D Direct (right to buy) Explanation of Responses: (1) 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.
SIGNATURE OF REPORTING PERSON /S/ By: Donald T Rozak Jr, as attorney-in-fact For: F. Terry Kremian DATE 02/12/03