TODD B. STRUBBE - 18 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
18 Feb 2022
Net transactions value
-$370,632
Form type
4
Filing time
22 Feb 2022, 16:23:43 UTC
Previous filing
16 Feb 2022
Next filing
17 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRSN Common Stock Award $0 +4,288 +4% $0.000000 112,241 18 Feb 2022 Direct F1
transaction VRSN Common Stock Tax liability $370,632 -1,780 -1.6% $208.22 110,461 18 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 11, 2019, Reporting Person was awarded performance based restricted stock units (RSUs). On February 18, 2022, actual performance against goals was determined for the performance period of such award and the Reporting Person was awarded 4,288 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 18, 2022.
F2 Disposition of shares exempt under Rule 16b-3 as payment of the tax liability to the Company by delivery or withholding of shares incident to the vesting of restricted stock units.