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*
ROBINS BRIAN G

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

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/04/2008
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)
Acting Chief Financial Officer
5. 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 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 40,790(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
Non-Qualified Stock Option (right to buy) 02/28/2008(2) 02/28/2014 Common Stock 5,000 $25.3 D
Non-Qualified Stock Option (right to buy) 02/15/2008(3) 02/15/2014 Common Stock 60,000 $26.19 D
Non-Qualified Stock Option (right to buy) 08/15/2008(4) 08/15/2014 Common Stock 34,680 $29.51 D
Non-Qualified Stock Option (right to buy) 08/07/2008(5) 08/07/2014 Common Stock 24,673 $29.63 D
Explanation of Responses:
1. On February 15, 2007, Reporting Person was awarded 10,000 restricted stock units (RSUs). On August 7, 2007, Reporting Person was awarded a total of 10,327 RSUs from two awards. On August 15, 2007, Reporting Person was awarded 14,520 RSUs. On March 14, 2008, Reporting Person was awarded 7,000 RSUs. Each restricted stock unit represents a contingent right to receive one (1) share of VeriSign common stock once vested. Each award vests annually over a four-year period at the rate of 25% per annum and are released on each respective anniversary of the date of grant, subject to shares withheld automatically as payment of applicable taxes upon release.
2. On February 28, 2007, Reporting Person received a grant of a non-qualified stock option to purchase up to 5,000 shares of Issuer's common stock (the "February 28, 2007 Option"). On February 28, 2008, 1,250 shares subject to the February 28, 2007 Option vested and are immediately exercisable and 3,750 shares subject to the February 28, 2007 Option vest at the rate of 6.25% on each quarterly anniversary from February 28, 2008 until fully vested.
3. On February 15, 2007, Reporting Person received a grant of a non-qualified stock option to purchase up to 80,000 shares of Issuer's common stock (the "February 15, 2007 Option"). 60,000 shares subject to the February 15, 2007 Option vest at the rate of 6.25% on each quarterly anniversary from February 15, 2008 until fully vested.
4. On August 15, 2007, Reporting Person received a grant of a non-qualified stock option to purchase up to 34,680 shares of Issuer's common stock (the "August 15, 2007 Option"). 25% of the shares subject to the August 15, 2007 Option vest and become exercisable on the first anniversary of the date of grant and quarterly thereafter as to 6.25% of the total shares subject to the August 15, 2007 Option until fully vested.
5. On August 7, 2007, Reporting Person received grants of two non-qualified stock options to purchase up to an aggregate of 24,673 shares of Issuer's common stock (the "August 7, 2007 Options"). 25% of the shares subject to the August 7, 2007 Options vest and become exercisable on the first anniversary of the date of grant and quarterly thereafter as to 6.25% of the total shares subject to the August 7, 2007 Options 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.
By: Donald T Rozak Jr, as attorney-in-fact For: Brian G. Robins 04/14/2008
** 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.