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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MCLAUGHLIN MARK D
  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
(Last)
(First)
(Middle)
487 EAST MIDDLEFIELD ROAD
3. Date of Earliest Transaction (Month/Day/Year)
05/16/2006
(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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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) $ 22.3 05/16/2006   A   40,000   05/16/2007(1) 05/16/2013 Common Stock 40,000 $ 0 40,000 D  
Restricted Stock Unit (RSU) $ 0 05/16/2006   A   4,200   05/16/2007(2) 05/16/2010 Common Stock 4,200 $ 0 4,200 D  
Incentive Stock Option (right to buy) $ 97.7969             04/15/2001(3) 04/15/2007 Common Stock 3,066   3,066 D  
Non-Qualified Stock Option (right to buy) $ 10.08             05/24/2003 05/24/2009 Common Stock 15,625   15,625 D  
Non-Qualified Stock Option (right to buy) $ 12.88             09/26/2004 09/26/2010 Common Stock 45,374   45,374 D  
Non-Qualified Stock Option (right to buy) $ 13.79             03/15/2002(4) 03/15/2008 Common Stock 6,250   6,250 D  
Non-Qualified Stock Option (right to buy) $ 13.79             09/06/2002(5) 09/06/2008 Common Stock 25,000   25,000 D  
Non-Qualified Stock Option (right to buy) $ 13.79             02/21/2003 02/21/2009 Common Stock 16,875   16,875 D  
Non-Qualified Stock Option (right to buy) $ 17.36             08/31/2005 08/31/2011 Common Stock 67,499   67,499 D  
Non-Qualified Stock Option (right to buy) $ 26.4             08/02/2006(6) 08/02/2012 Common Stock 90,000   90,000 D  
Non-Qualified Stock Option (right to buy) $ 33.38             12/17/2005(7) 12/17/2011 Common Stock 25,000   25,000 D  
Non-Qualified Stock Option (right to buy) $ 97.7969             04/15/2001(3) 04/15/2007 Common Stock 21,934   21,934 D  
Non-Qualified Stock Option (right to buy) $ 151.25             08/01/2001(3) 08/01/2007 Common Stock 50,000   50,000 D  
Restricted Stock Unit (RSU) $ 0             08/02/2006(8) 08/02/2009 Common Stock 10,000   10,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MCLAUGHLIN MARK D
487 EAST MIDDLEFIELD ROAD
MOUNTAIN VIEW, CA 94043
      Executive Vice President  

Signatures

 By: Donald T Rozak Jr, as attorney-in-fact For: Mark D. McLaughlin   05/18/2006
**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) 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) On 05/16/2006, 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. Twenty-five percent (25%) of the grant vests on each anniversary of the date of grant, subject to necessary withholding for applicable taxes.
(3) Immediately
(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 March 15, 2002 and vests thereafter with respect to 6.25% of the option each quarter until fully vested.
(5) 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.
(6) 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.
(7) 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.
(8) 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.

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