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VRSN > SEC Filings for VRSN > Form 8-K on 5-Mar-2013All Recent SEC Filings

Show all filings for VERISIGN INC/CA | Request a Trial to NEW EDGAR Online Pro

Form 8-K for VERISIGN INC/CA


5-Mar-2013

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) Executive officers of VeriSign, Inc. are eligible to receive an annual performance bonus payment for the fiscal year ended December 31, 2012 ("Fiscal 2012") under the VeriSign, Inc. Annual Incentive Compensation Plan ("AICP") based on performance against goals established by the Compensation Committee of the Board of Directors (the "Committee") for Fiscal 2012. At a meeting held on February 26, 2012, the Committee determined, subject to and conditional upon receipt of an unqualified signed opinion from our independent registered public accounting firm regarding the financial statements contained in our Annual Report on Form 10-K for the fiscal year ended December 31, 2012 (which occurred on February 28, 2013), the amounts of annual performance bonuses to be paid under the AICP based on the Committee's review with management of the performance of each eligible executive officer. The Fiscal 2012 AICP bonuses approved for our chief executive officer, chief financial officer and each of the persons designated as a "Named Executive Officer" in our 2012 Annual Proxy Statement were as follows:

                       Executive Chairman, President and Chief
D. James Bidzos        Executive Officer                               $  593,550
                       Senior Vice President and Chief Financial
George E. Kilguss, III Officer                                         $  112,872
                       Senior Vice President, General Counsel and
Richard H. Goshorn     Secretary                                       $  193,735
                       Senior Vice President and General Manager,

Patrick S. Kane Naming Services $ 154,560 John D. Calys Vice President and Controller $ 81,567


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