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 *

BALOGH ARISTOTLE N
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)
Senior Vice President
(Last)          (First)          (Middle)

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

8/2/2005
(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   8/2/2005     A    10000   (1) A $0   23962   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)   $26.4   8/2/2005        90000       8/2/2006   (2) 8/2/2012   Common Stock   90000   $0   90000   D    
Incentive Stock Option (right to buy)   $149.25                   6/23/2001   (3) 6/23/2007   Common Stock   2680     2680   D    
Non-Qualified Stock Option (right to buy)   $10.08                   5/24/2003   5/24/2009   Common Stock   21875     21875   D    
Non-Qualified Stock Option (right to buy)   $13.79                   3/15/2002   3/15/2008   Common Stock   500     500   D    
Non-Qualified Stock Option (right to buy)   $13.79                   9/6/2002   (4) 9/6/2008   Common Stock   12500     12500   D    
Non-Qualified Stock Option (right to buy)   $13.79                   2/21/2003   2/21/2009   Common Stock   18750     18750   D    
Non-Qualified Stock Option (right to buy)   $26.53                   11/3/2005   (5) 11/3/2011   Common Stock   90000     90000   D    
Non-Qualified Stock Option (right to buy)   $149.25                   6/23/2001   (6) 6/23/2007   Common Stock   47320     47320   D    

Explanation of Responses:
( 1)  On 08/02/2005, Reporting Person was awarded restricted stock units (RSUs). Each restricted stock unit represents a contingent right to receive one (1) share of VeriSign common stock once vested. Ten percent (10%) of the total RSUs granted vest and become exercisable on the first anniversary of the date of grant, twenty percent (20%) of the total RSUs granted vest and become exercisable on the second anniversary of the date of grant, thirty percent (30%) of the total RSUs granted vest and become exercisable on the third anniversary of the date of grant, and forty percent (40%) of the total RSUs granted vest and become exercisable on the fourth anniversary of the date of grant.
( 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)  1,340 options are exercisable immediately, 670 options will vest and become exercisable on December 23, 2003 and 670 options will vest and become exercisable on June 23, 2004.
( 4)  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.
( 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)  29,910 options are exercisable immediately, 11830 options will vest and become exercisable on December 23, 2003 and 5,580 options will vest and become exercisable on June 23, 2004.

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
BALOGH ARISTOTLE N
487 EAST MIDDLEFIELD ROAD
MOUNTAIN VIEW, CA 94043


Senior Vice President
Signatures
By: Donald T Rozak Jr, as attorney-in-fact For: Aristotle N. Balogh 8/4/2005
** 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).
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