D. James Bidzos - 14 Feb 2022 Form 4 Insider Report for VERISIGN INC/CA (VRSN)

Role
Exec. Chairman & CEO, Director
Signature
Thomas C. Indelicarto, Attorney in Fact for D. James Bidzos
Issuer symbol
VRSN
Transactions as of
14 Feb 2022
Net transactions value
-$486,459
Form type
4
Filing time
16 Feb 2022, 17:04:40 UTC
Previous filing
10 Feb 2022
Next filing
17 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRSN Common Stock Award $0 +16,857 +2.3% $0.000000 735,247 14 Feb 2022 Direct F1
transaction VRSN Common Stock Tax liability $84,790 -392 -0.05% $216.30 734,855 15 Feb 2022 Direct F2
transaction VRSN Common Stock Tax liability $53,859 -249 -0.03% $216.30 734,606 15 Feb 2022 Direct F2
transaction VRSN Common Stock Tax liability $49,533 -229 -0.03% $216.30 734,377 15 Feb 2022 Direct F2
transaction VRSN Common Stock Tax liability $298,278 -1,379 -0.19% $216.30 732,998 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.