Todd B. Strubbe - Feb 14, 2022 Form 4 Insider Report for VERISIGN INC/CA (VRSN)

Role
President & COO
Signature
Thomas C. Indelicarto, Attorney-in-Fact for Todd B. Strubbe
Stock symbol
VRSN
Transactions as of
Feb 14, 2022
Transactions value $
-$240,093
Form type
4
Date filed
2/16/2022, 05:07 PM
Previous filing
Dec 2, 2021
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRSN Common Stock Award $0 +8.19K +8.12% $0.00 109K Feb 14, 2022 Direct F1
transaction VRSN Common Stock Tax liability -$54.5K -252 -0.23% $216.30 109K Feb 15, 2022 Direct F2
transaction VRSN Common Stock Tax liability -$32.9K -152 -0.14% $216.30 109K Feb 15, 2022 Direct F2
transaction VRSN Common Stock Tax liability -$2.38K -11 -0.01% $216.30 109K Feb 15, 2022 Direct F2
transaction VRSN Common Stock Tax liability -$27.3K -126 -0.12% $216.30 109K Feb 15, 2022 Direct F2
transaction VRSN Common Stock Tax liability -$123K -569 -0.52% $216.30 108K Feb 15, 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.