George E. Kilguss III - 14 Feb 2022 Form 4 Insider Report for VERISIGN INC/CA (VRSN)

Role
EVP and CFO
Signature
Thomas C. Indelicarto, Attorney-in-Fact for George E. Kilguss III
Issuer symbol
VRSN
Transactions as of
14 Feb 2022
Net transactions value
-$193,372
Form type
4
Filing time
16 Feb 2022, 17:10:22 UTC
Previous filing
16 Nov 2021
Next filing
22 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 +6,555 +4.5% $0.000000 151,551 14 Feb 2022 Direct F1, F2
transaction VRSN Common Stock Tax liability $44,342 -205 -0.14% $216.30 151,346 15 Feb 2022 Direct F3
transaction VRSN Common Stock Tax liability $27,254 -126 -0.08% $216.30 151,220 15 Feb 2022 Direct F3
transaction VRSN Common Stock Tax liability $23,144 -107 -0.07% $216.30 151,113 15 Feb 2022 Direct F3
transaction VRSN Common Stock Tax liability $98,633 -456 -0.3% $216.30 150,657 15 Feb 2022 Direct F3
* 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 Reporting Person's total direct holdings disclosed in Table I, Item 5 under Amount of Securities Beneficially Owned Following Reported Transaction(s) includes 109 shares acquired January 31, 2022 under the Amended and Restated 2007 Employee Stock Purchase Plan.
F3 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.