5
1
NASDAQ

  0001098240
  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)
   Sclavos, Stratton D.
   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)
   [X] Director                   [ ] 10% Owner
   [X] Officer (give title below) [ ] Other (specify below)
   Chairman of the Board,
   President and CEO
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 85,600 I by EladhaPartnersLP Common Stock 24,173 D Direct Common Stock 177,192 I by Sclavos1990RvTrst Common Stock 12,205 I by SclavosFmlyFndtn Common Stock 18,333 I by SclavosFmlyPrtnrs 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 - ------------------------------------------------------------------------------------------------------------------------------------ Incentive Stock Option (right $7.6719 10/30/05 to buy) Incentive Stock Option (right $1.7500 11/04/04 to buy) Incentive Stock Option (right $74.1880 12/29/07 to buy) Non-Qualified Stock Option $1.7500 11/04/04 (right to buy) Non-Qualified Stock Option $7.6719 10/30/05 (right to buy) Non-Qualified Stock Option $10.0800 05/24/02 A 600,000 (1) 05/24/09 (right to buy) Non-Qualified Stock Option $12.3125 12/15/05 (right to buy) Non-Qualified Stock Option $12.7813 12/18/05 (right to buy) Non-Qualified Stock Option $22.7100 02/21/02 A 400,000 (1) 02/21/09 (right to buy) Non-Qualified Stock Option $22.7100 02/21/02 A 200,000 (1) 02/21/09 (right to buy) Non-Qualified Stock Option $37.0625 07/30/06 (right to buy) Non-Qualified Stock Option $42.7910 04/20/04 (right to buy) Non-Qualified Stock Option $59.4000 05/02/08 (right to buy) Non-Qualified Stock Option $74.1880 12/29/07 (right to buy) Non-Qualified Stock Option $55.9400 08/01/08 (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 - ------------------------------------------------------------------------------------------------------------------------------------ Incentive Stock Option (right Common Stock 16,288 16,288 D Direct to buy) Incentive Stock Option (right Common Stock 27,133 27,133 D Direct to buy) Incentive Stock Option (right Common Stock 2,694 2,694 D Direct to buy) Non-Qualified Stock Option Common Stock 23,296 23,296 D Direct (right to buy) Non-Qualified Stock Option Common Stock 65,409 65,409 D Direct (right to buy) Non-Qualified Stock Option 05/24/02 Common Stock 600,000 600,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 400,000 400,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 800,000 800,000 D Direct (right to buy) Non-Qualified Stock Option 02/21/02 Common Stock 400,000 D Direct (right to buy) Non-Qualified Stock Option 02/21/02 Common Stock 200,000 600,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 400,000 400,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 32,250 32,250 D Direct (right to buy) Non-Qualified Stock Option Common Stock 100,000 100,000 D Direct (right to buy) Non-Qualified Stock Option Common Stock 97,306 97,306 D Direct (right to buy) Non-Qualified Stock Option Common Stock 1,225,000 1,225,000 I By Boutari (right to buy) Ventures 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: Stratton D. Sclavos DATE 02/12/03