Sec Form 4 Filing - ULAM JAMES M @ VERISIGN INC/CA - 2006-08-02

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 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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1. Name and Address of Reporting Person ULAM JAMES M 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) SVP, Gen. Counsel & Secretary (Last) (First) (Middle) 487 EAST MIDDLEFIELD ROAD 3. Date of Earliest Transaction (MM/DD/YY) 08/02/2006 (Street) MOUNTAIN VIEW, CA94043 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 08/02/2006 M 600 A $ 0 13,432 D Common Stock 08/02/2006 F( 1 ) 214 D $ 17.72 13,218 D

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 Restricted Stock Unit (RSU) $ 0 08/02/2006 M 600 08/02/2006( 2 ) 08/02/2009 Common Stock 600 $ 17.72 5,400 D Incentive Stock Option (right to buy) $ 149.25 06/23/2001( 3 ) 06/23/2007 Common Stock 2,680 2,680 D Non-Qualified Stock Option (right to buy) $ 10.08 05/24/2003( 4 ) 05/24/2009 Common Stock 51,562 51,562 D Non-Qualified Stock Option (right to buy) $ 12.88 11/11/2003( 5 ) 08/11/2013 Common Stock 35,000 35,000 D Non-Qualified Stock Option (right to buy) $ 22.71 02/21/2003( 4 ) 02/21/2009 Common Stock 36,000 36,000 D Non-Qualified Stock Option (right to buy) $ 26.4 08/02/2006( 6 ) 08/02/2012 Common Stock 54,000 54,000 D Non-Qualified Stock Option (right to buy) $ 26.53 11/03/2005( 7 ) 11/03/2011 Common Stock 45,000 45,000 D Non-Qualified Stock Option (right to buy) $ 34.16 09/06/2002( 8 ) 09/06/2008 Common Stock 52,000 52,000 D Non-Qualified Stock Option (right to buy) $ 34.438 03/15/2001( 9 ) 03/15/2008 Common Stock 12,250 12,250 D Non-Qualified Stock Option (right to buy) $ 42.791 04/20/2000( 10 ) 04/20/2004 Common Stock 1,935 1,935 D Non-Qualified Stock Option (right to buy) $ 74.188 12/29/2001( 11 ) 12/29/2007 Common Stock 30,000 30,000 D Non-Qualified Stock Option (right to buy) $ 149.25 06/23/2001( 12 ) 06/23/2007 Common Stock 32,320 32,320 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other ULAM JAMES M 487 EAST MIDDLEFIELD ROAD MOUNTAIN VIEW, CA94043 SVP, Gen. Counsel & Secretary Signatures By: Donald T Rozak Jr, as attorney-in-fact For: James M. Ulam 08/03/2006 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted stock award. ( 2 )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. ( 3 )447 options vest and become exercisable on June 23, 2001, 223 options vest and become exercisable on December 23, 2001 and thereafter with respect to 6.25% of the shares each quarter. ( 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 )Are exercisable as to 6.25% of the shares each quarter from the date of grant. ( 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 )Fifty percent (50%) of the total options granted on September 6, 2001, vest and become exercisable 1 year after the option grant date and thereafter with respect to 6.25% of the shares each quarter ( 9 )Fifty percent (50%) of the total options granted on March 15, 2001 vest and become exercisable 1 year after the option grant date and thereafter with respect to 6.25% of the shares each quarter. ( 10 )1,935 options are exercisable immediately, 3,870 options vest and become exercisable on April 21, 2001, and an additional 2,580 options vest and become exercisable on April 21, 2002 and April 21, 2003, respectively. ( 11 )Twenty-five percent (25%) of the total options granted on December 29, 2000 vest and become exercisable 1 year after the option grant date and thereafter with respect to 6.25% of the shares each quarter. ( 12 )8,303 options vest and become exercisable on June 23, 2001, 4,152 options vest and become exercisable on December 23, 2001 and thereafter with respect to 6.25% of the shares each quarter.

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).

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