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VRSN > SEC Filings for VRSN > Form 8-K on 21-Mar-2013All Recent SEC Filings

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



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) On February 26, 2013, the Compensation Committee of the Board of Directors (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 amount of annual performance bonus to be paid to John D. Calys to be $81,567. Mr. Calys is the Company's Vice President, Controller and was designated as a "Named Executive Officer" in our 2012 Annual Proxy Statement. Subsequent to such determination, the Committee was advised that due to an administrative error, the bonus it approved for Mr. Calys was calculated incorrectly and that the correct bonus amount was $88,347. On March 20, 2013, the Committee approved an additional annual performance bonus payment to Mr. Calys of $6,780.

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