Statement of Changes in Beneficial Ownership (4)
February 18 2020 - 5:18PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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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
*
Kilguss George E III |
2. Issuer Name and Ticker or Trading Symbol
VERISIGN INC/CA
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VRSN
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP and CFO |
(Last)
(First)
(Middle)
12061 BLUEMONT WAY |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/14/2020 |
(Street)
RESTON, VA 20190
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 2/14/2020 | | A | | 11910 (1) | A | $0 | 196440 | D | |
Common Stock | 2/14/2020 | | F(2) | | 4668 | D | $209.57 | 191772 | D | |
Common Stock | 2/14/2020 | | A | | 16254 (3) | A | $0 | 208026 | D | |
Common Stock | 2/14/2020 | | F(2) | | 7330 | D | $209.57 | 200696 | D | |
Common Stock | 2/15/2020 | | F(2) | | 358 | D | $209.57 | 200338 | D | |
Common Stock | 2/15/2020 | | F(2) | | 280 | D | $209.57 | 200058 | D | |
Common Stock | 2/15/2020 | | F(2) | | 760 | D | $209.57 | 199298 | D | |
Common Stock | 2/17/2020 | | F(2) | | 363 | D | $209.57 | 198935 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 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 of Derivative Security: 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 |
Explanation of Responses: |
(1) | On January 4, 2016, Reporting Person was awarded performance based restricted stock units (RSUs). On February 14, 2020, actual performance against goals was determined for the performance period of such award and the Reporting Person was awarded 11,910 RSUs. Each RSU represents a contingent right to receive one (1) share of Verisign common stock once vested. The RSUs vest in full on February 14, 2020. |
(2) | Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted stock units. |
(3) | On February 14, 2017, Reporting Person was awarded performance based restricted stock units (RSUs). On February 14, 2020, actual performance against goals was determined for the performance period of such award and the Reporting Person was awarded 16,254 RSUs. Each RSU represents a contingent right to receive one (1) share of Verisign common stock once vested. The RSUs vest in full on February 14, 2020. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Kilguss George E III 12061 BLUEMONT WAY RESTON, VA 20190 |
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| EVP and CFO |
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Signatures
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Thomas C. Indelicarto, Attorney-in-Fact for George E. Kilguss III | | 2/18/2020 |
**Signature of Reporting Person | Date |
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