TODD B. STRUBBE - 14 Feb 2022 Form 4 Insider Report for VERISIGN INC/CA (VRSN)

Signature
Thomas C. Indelicarto, Attorney-in-Fact for Todd B. Strubbe
Issuer symbol
VRSN
Transactions as of
14 Feb 2022
Net transactions value
-$240,093
Form type
4
Filing time
16 Feb 2022, 17:07:30 UTC
Previous filing
02 Dec 2021
Next filing
22 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRSN Common Stock Award $0 +8,194 +8.1% $0.000000 109,063 14 Feb 2022 Direct F1
transaction VRSN Common Stock Tax liability $54,508 -252 -0.23% $216.30 108,811 15 Feb 2022 Direct F2
transaction VRSN Common Stock Tax liability $32,878 -152 -0.14% $216.30 108,659 15 Feb 2022 Direct F2
transaction VRSN Common Stock Tax liability $2,379 -11 -0.01% $216.30 108,648 15 Feb 2022 Direct F2
transaction VRSN Common Stock Tax liability $27,254 -126 -0.12% $216.30 108,522 15 Feb 2022 Direct F2
transaction VRSN Common Stock Tax liability $123,075 -569 -0.52% $216.30 107,953 15 Feb 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 14, 2022, Reporting Person was awarded restricted stock units (RSUs). Each RSU represents a contingent right to receive one (1) share of VeriSign, Inc. common stock once vested. The grant vests 25% on February 15, 2023 and ratably (6.25%) each of the following twelve quarters thereafter, subject to applicable taxes upon delivery.
F2 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.