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 *

SCLAVOS STRATTON D
2. Issuer Name and Ticker or Trading Symbol

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

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman, President & CEO
(Last)          (First)          (Middle)

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

5/31/2005
(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   5/31/2005     S    1426   D $31.77   226195   I   by Sclavos1990RvTrst   (1)
Common Stock   5/31/2005     S    5874   D $31.76   220321   I   by Sclavos1990RvTrst   (1)
Common Stock   5/31/2005     S    6800   D $31.75   213521   I   by Sclavos1990RvTrst   (1)
Common Stock   5/31/2005     S    7100   D $31.74   206421   I   by Sclavos1990RvTrst   (1)
Common Stock   5/31/2005     S    7000   D $31.73   199421   I   by Sclavos1990RvTrst   (1)
Common Stock   5/31/2005     S    1800   D $31.72   197621   I   by Sclavos1990RvTrst   (1)
Common Stock                  158739   D    
Common Stock                  85600   I   by EladhaPartnersLP  
Common Stock                  12205   I   by SclavosFmlyFndtn  
Common Stock                  18333   I   by SclavosFmlyPrtnrs  

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
Incentive Stock Option (right to buy)   $7.6719                   10/30/1999   10/30/2005   Common Stock   16288     16288   D    
Incentive Stock Option (right to buy)   $74.188                   12/29/2001   12/29/2007   Common Stock   2694     2694   D    
Non-Qualified Stock Option (right to buy)   $7.6719                   10/30/1999   10/30/2005   Common Stock   65409     65409   D    
Non-Qualified Stock Option (right to buy)   $10.08                   5/24/2003   (2) 5/24/2009   Common Stock   600000     600000   D    
Non-Qualified Stock Option (right to buy)   $12.3125                   12/15/1999   12/15/2005   Common Stock   400000     400000   D    
Non-Qualified Stock Option (right to buy)   $12.7813                   12/18/1999   12/18/2005   Common Stock   800000     800000   D    
Non-Qualified Stock Option (right to buy)   $15.87                   10/29/2004   (3) 10/29/2010   Common Stock   690717     690717   D    
Non-Qualified Stock Option (right to buy)   $22.71                   2/21/2003   (2) 2/21/2009   Common Stock   600000     600000   D    
Non-Qualified Stock Option (right to buy)   $33.38                   12/17/2005   (4) 12/17/2011   Common Stock   250000     250000   D    
Non-Qualified Stock Option (right to buy)   $35.049                   12/17/2005   (5) 12/17/2011   Common Stock   400000     400000   D    
Non-Qualified Stock Option (right to buy)   $37.0625                   7/30/2000   7/30/2006   Common Stock   400000     400000   D    
Non-Qualified Stock Option (right to buy)   $59.4                   10/2/2001   (6) 5/2/2008   Common Stock   100000     100000   D    
Non-Qualified Stock Option (right to buy)   $74.188                   12/29/2001   12/29/2007   Common Stock   97306     97306   D    
Non-Qualified Stock Option (right to buy)   $55.94                   8/1/2002   (7) 8/1/2008   Common Stock   1225000     1225000   I   By Boutari Ventures  

Explanation of Responses:
( 1)  Shares held of record by the Sclavos 1990 Revocable Trust of which Mr. Sclavos and Jody Sclavos, his wife, are co-trustees.
( 2)  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.
( 3)  Are exercisable as to 6.25% of the shares each quarter from the date of grant.
( 4)  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.
( 5)  Ten percent (10%) of the total options granted vest and become exercisable on the first anniversary of the date of grant, twenty percent (20%) of the total options granted vest and become exercisable on the second anniversary of the date of grant, thirty percent (30%) of the total options granted vest and become exercisable on the third anniversary of the date of grant, and forty percent (40%) of the total options granted vest and become exercisable on the fourth anniversary of the date of grant.
( 6)  Options vest 25% on October 2, 2001, and thereafter with respect to 6.25% of the shares each quarter for a total of 25% each 12 month period.
( 7)  Options vest 25% on November 1, 2001, and thereafter with respect to 6.25% of the shares each quarter for a total of 25% each 12 month period.

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
SCLAVOS STRATTON D
487 EAST MIDDLEFIELD ROAD
MOUNTAIN VIEW, CA 94043
X
Chairman, President & CEO
Signatures
By: Donald T Rozak Jr, as attorney-in-fact For: Stratton D. Sclavos 5/31/2005
** Signature of Reporting Person Date


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* 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).
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