Ownership Submission
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

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(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
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 (Month/Day/Year)
12/14/2005
(Street)

MOUNTAIN VIEW, CA 94043
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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               277,620 I by Sclavos1990RvTrst (1)
Common Stock               12,205 I by SclavosFmlyFndtn
Common Stock               18,333 I by SclavosFmlyPrtnrs

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(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) $ 12.7813 12/14/2005   M     30,000 12/18/1999 12/18/2005 Common Stock 30,000 $ 0 47,637 D  
Incentive Stock Option (right to buy) $ 74.188             12/29/2001 12/29/2007 Common Stock 2,694   2,694 D  
Non-Qualified Stock Option (right to buy) $ 10.08             05/24/2003(2) 05/24/2009 Common Stock 600,000   600,000 D  
Non-Qualified Stock Option (right to buy) $ 15.87             10/29/2004(3) 10/29/2010 Common Stock 690,717   690,717 D  
Non-Qualified Stock Option (right to buy) $ 22.71             02/21/2003(2) 02/21/2009 Common Stock 600,000   600,000 D  
Non-Qualified Stock Option (right to buy) $ 23.46             10/31/2006 11/01/2012 Common Stock 385,300   385,300 D  
Non-Qualified Stock Option (right to buy) $ 33.38             12/17/2005(4) 12/17/2011 Common Stock 250,000   250,000 D  
Non-Qualified Stock Option (right to buy) $ 35.049             12/17/2005(5) 12/17/2011 Common Stock 400,000   400,000 D  
Non-Qualified Stock Option (right to buy) $ 37.0625             07/30/2000 07/30/2006 Common Stock 400,000   400,000 D  
Non-Qualified Stock Option (right to buy) $ 59.4             10/02/2001(6) 05/02/2008 Common Stock 100,000   100,000 D  
Non-Qualified Stock Option (right to buy) $ 74.188             12/29/2001 12/29/2007 Common Stock 97,306   97,306 D  
Non-Qualified Stock Option (right to buy) $ 55.94             08/01/2002(7) 08/01/2008 Common Stock 1,225,000   1,225,000 I By Boutari Ventures

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   12/16/2005
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(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.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.