SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SCLAVOS STRATTON D

(Last)

(First)

(Middle)

487 EAST MIDDLEFIELD ROAD

(Street)

MOUNTAIN VIEW

94043

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
VERISIGN INC/CA [ VRSN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman, President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
11/04/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/04/2005		S		431	D	$23.18	245,939	D
Common Stock	11/04/2005		S		600	D	$23.17	245,339	D
Common Stock	11/04/2005		S		600	D	$23.14	244,739	D
Common Stock	11/04/2005		S		600	D	$23.12	244,139	D
Common Stock								85,600	I	by EladhaPartnersLP
Common Stock								219,596	I	by Sclavos1990RvTrst⁽¹⁾
Common Stock								12,205	I	by SclavosFmlyFndtn
Common Stock								18,333	I	by SclavosFmlyPrtnrs

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$12.3125	11/04/2005		M			40,000	12/15/1999	12/15/2005	Common Stock	40,000	$0	187,637	D
Incentive Stock Option (right to buy)	$74.188							12/29/2001	12/29/2007	Common Stock	2,694		2,694	D
Non-Qualified Stock Option (right to buy)	$10.08							05/24/2003⁽²⁾	05/24/2009	Common Stock	600,000		600,000	D
Non-Qualified Stock Option (right to buy)	$12.7813							12/18/1999	12/18/2005	Common Stock	800,000		800,000	D
Non-Qualified Stock Option (right to buy)	$15.87							10/29/2004⁽³⁾	10/29/2010	Common Stock	690,717		690,717	D
Non-Qualified Stock Option (right to buy)	$22.71							02/21/2003⁽²⁾	02/21/2009	Common Stock	600,000		600,000	D
Non-Qualified Stock Option (right to buy)	$23.46							10/31/2006	11/01/2012	Common Stock	385,300		385,300	D
Non-Qualified Stock Option (right to buy)	$33.38							12/17/2005⁽⁴⁾	12/17/2011	Common Stock	250,000		250,000	D
Non-Qualified Stock Option (right to buy)	$35.049							12/17/2005⁽⁵⁾	12/17/2011	Common Stock	400,000		400,000	D
Non-Qualified Stock Option (right to buy)	$37.0625							07/30/2000	07/30/2006	Common Stock	400,000		400,000	D
Non-Qualified Stock Option (right to buy)	$59.4							10/02/2001⁽⁶⁾	05/02/2008	Common Stock	100,000		100,000	D
Non-Qualified Stock Option (right to buy)	$74.188							12/29/2001	12/29/2007	Common Stock	97,306		97,306	D
Non-Qualified Stock Option (right to buy)	$55.94							08/01/2002⁽⁷⁾	08/01/2008	Common Stock	1,225,000		1,225,000	I	By Boutari Ventures

Explanation of Responses:

1. Shares held of record by the Sclavos 1990 Revocable Trust of which Mr. Sclavos and Jody Sclavos, his wife, are co-trustees.

2. Twenty-five percent (25%) of the total options granted vest and become exercisable one year after the date of grant and thereafter with respect to 6.25% of the shares each quarter until fully vested.

3. Are exercisable as to 6.25% of the shares each quarter from the date of grant.

4. Twenty-five percent (25%) of the total options granted vest and become exercisable one year after the date of grant and thereafter with respect to 6.25% of the shares each quarter until fully vested.

5. Ten percent (10%) of the total options granted vest and become exercisable on the first anniversary of the date of grant, twenty percent (20%) of the total options granted vest and become exercisable on the second anniversary of the date of grant, thirty percent (30%) of the total options granted vest and become exercisable on the third anniversary of the date of grant, and forty percent (40%) of the total options granted vest and become exercisable on the fourth anniversary of the date of grant.

6. Options vest 25% on October 2, 2001, and thereafter with respect to 6.25% of the shares each quarter for a total of 25% each 12 month period.

7. Options vest 25% on November 1, 2001, and thereafter with respect to 6.25% of the shares each quarter for a total of 25% each 12 month period.

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.

	By: Donald T Rozak Jr, as attorney-in-fact For: Stratton D. Sclavos	11/04/2005
	** 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 4 (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).
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