SEC FORM 3/A SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
CLEMENT ALBERT E

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

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/05/2007
3. Issuer Name and Ticker or Trading Symbol
VERISIGN INC/CA [ VRSN ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and CFO
5. If Amendment, Date of Original Filed (Month/Day/Year)
07/16/2007
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 16,734(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On 08/02/2005, Reporting Person was awarded a total of 6,550 restricted stock units (RSUs) from two awards. Each RSU represents a contingent right to receive one (1) share of VeriSign common stock once vested, subject to applicable taxes upon release. 10% of the total RSUs granted vested and became exercisable on the first anniversary, 20% of the total RSUs granted vests and becomes exercisable on the second anniversary, 30% of the total RSUs granted vests and becomes exercisable on the third anniversary, and 40% of the total RSUs granted vests and becomes exercisable on the fourth anniversary respective of the date of grant. On 08/01/2006, Reporting Person was awarded a total of 5,400 RSUs from two awards. Each RSU represents a contingent right to receive one (1) share of VeriSign common stock once vested, subject to applicable taxes upon release. 25% of the total RSUs granted vest on each anniversary of the date of grant until fully vested.
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. This Form 3 is being amended to correct the original reporting of Reporting Person's restricted stock unit awards as derivative securities to non-derivative securities.
By: Donald T Rozak Jr, as attorney-in-fact For: Albert E. Clement 10/22/2007
** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.