Statement of Changes of Beneficial Ownership


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

LIN JUDY
2. Issuer Name and Ticker or Trading Symbol

VERISIGN INC/CA [ VRSN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Executive Vice President & GM
(Last)          (First)          (Middle)

487 EAST MIDDLEFIELD ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

11/3/2004
(Street)

MOUNTAIN VIEW, CA 94043
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   11/3/2004     S    10289   D $26.5   102967   D    
Common Stock   11/3/2004     S    1000   D $26.52   101967   D    
Common Stock   11/3/2004     S    746   D $26.59   101221   D    
Common Stock   11/3/2004     S    300   D $26.6   100921   D    
Common Stock   11/3/2004     S    100   D $26.61   100821   D    
Common Stock   11/3/2004     S    6575   D $26.65   94246   D    
Common Stock   11/3/2004     S    2800   D $26.66   91446   D    
Common Stock   11/3/2004     S    4600   D $26.7   86846   D    
Common Stock   11/3/2004     S    4000   D $26.71   82846   D    
Common Stock   11/3/2004     S    1000   D $26.73   81846   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)   $26.53   11/3/2004        112500       11/3/2005   (1) 11/3/2011   Common Stock   112500   $0   112500   D    
Incentive Stock Option (right to buy)   $6.875                   8/17/1999   (2) 8/17/2005   Common Stock   20096     20096   D    
Incentive Stock Option (right to buy)   $37.0625                   7/30/2000   (3) 7/30/2006   Common Stock   3708     3708   D    
Incentive Stock Option (right to buy)   $151.25                   8/1/2001   (4) 8/1/2007   Common Stock   661     661   D    
Non-Qualified Stock Option (right to buy)   $6.875                   8/17/1999   (2) 8/17/2005   Common Stock   4904     4904   D    
Non-Qualified Stock Option (right to buy)   $10.08                   5/24/2003   (5) 5/24/2009   Common Stock   50000     50000   D    
Non-Qualified Stock Option (right to buy)   $13.46                   9/30/2004   (6) 9/30/2010   Common Stock   55000     55000   D    
Non-Qualified Stock Option (right to buy)   $13.79                   3/15/2002   (7) 3/15/2008   Common Stock   10000     10000   D    
Non-Qualified Stock Option (right to buy)   $13.79                   9/6/2002   (8) 9/6/2008   Common Stock   25000     25000   D    
Non-Qualified Stock Option (right to buy)   $13.79                   2/21/2003   (9) 2/21/2009   Common Stock   100000     100000   D    
Non-Qualified Stock Option (right to buy)   $26.0625                   3/5/2000   (10) 3/5/2006   Common Stock   136000     136000   D    
Non-Qualified Stock Option (right to buy)   $37.0625                   7/30/2000   (11) 7/30/2006   Common Stock   16292     16292   D    
Non-Qualified Stock Option (right to buy)   $151.25                   8/1/2001   (4) 8/1/2007   Common Stock   79339     79339   D    

Explanation of Responses:
( 1)  Twenty-five percent (25%) of the total options granted vest and become exercisable one year after the date of grant and thereafter with respect to 6.25% of the shares each quarter until fully vested.
( 2)  Immediately
( 3)  1,010 options are exercisable immediately and 2,698 options vest and become exercisable on July 30, 2003.
( 4)  Option to purchase 80,000 shares granted August 1, 2000, will become exercisable as to 25% of the aggregate number of shares granted on 08/01/2001, and as to an additional 6.25% of the aggregate number of shares granted each succeeding quarter thereafter until fully vested.
( 5)  Twenty-five percent (25%) of the total options granted vest and become exercisable one year after the date of grant and thereafter with respect to 6.25% of the shares each quarter until fully vested.
( 6)  Are exercisable as to 6.25% of the shares each quarter from the date of grant.
( 7)  This is an option regrant under the VeriSign Offer to Exchange Outstanding Options to Purchase Common Stock dated November 27, 2002. Twenty-five (25%) percent of the total option vested and became exercisable on March 15, 2002 and vests thereafter with respect to 6.25% of the option each quarter until fully vested.
( 8)  This is an option regrant under the VeriSign Offer to Exchange Outstanding Options to Purchase Common Stock dated November 27, 2002. Twenty-five (25%) percent of the total option vested and became exercisable on September 6, 2002 and vests thereafter with respect to 6.25% of the option each quarter until fully vested.
( 9)  This is an option regrant under the VeriSign Offer to Exchange Outstanding Options to Purchase Common Stock dated November 27, 2002. Twenty-five (25%) percent of the total option vested and became exercisable on February 21, 2003 and vests thereafter with respect to 6.25% of the option each quarter until fully vested.
( 10)  126,000 options are exercisable immediately and thereafter with respect to 6.25% of the shares each quarter until fully vested.
( 11)  15,240 options are exercisable immediately and 1,052 options vest and become exercisable on July 30, 2003.

Remarks:
Reporting Person's total direct holdings disclosed in Table I, Item 5 under Amount of Securities Beneficially Owned Following Reported Transaction(s) includes shares acquired through the VeriSign 1998 Employee Stock Purchase Plan.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LIN JUDY
487 EAST MIDDLEFIELD ROAD
MOUNTAIN VIEW, CA 94043


Executive Vice President & GM
Signatures
By: Donald T Rozak Jr, as attorney-in-fact For: Judy Lin 11/5/2004
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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