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 *
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 (Month/Day/Year)
11/03/2004
(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               10,737 D  

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) $ 26.53 11/03/2004   A   45,000   11/03/2005(1) 11/03/2011 Common Stock 45,000 $ 0 45,000 D  
Incentive Stock Option (right to buy) $ 149.25             06/23/2001(2) 06/23/2007 Common Stock 2,680   2,680 D  
Non-Qualified Stock Option (right to buy) $ 10.08             05/24/2003(3) 05/24/2009 Common Stock 51,562   51,562 D  
Non-Qualified Stock Option (right to buy) $ 12.88             11/11/2003(4) 08/11/2013 Common Stock 35,000   35,000 D  
Non-Qualified Stock Option (right to buy) $ 22.71             02/21/2003(3) 02/21/2009 Common Stock 36,000   36,000 D  
Non-Qualified Stock Option (right to buy) $ 34.16             09/06/2002(5) 09/06/2008 Common Stock 52,000   52,000 D  
Non-Qualified Stock Option (right to buy) $ 34.438             03/15/2001(6) 03/15/2008 Common Stock 12,250   12,250 D  
Non-Qualified Stock Option (right to buy) $ 42.791             04/20/2000(7) 04/20/2004 Common Stock 1,935   1,935 D  
Non-Qualified Stock Option (right to buy) $ 74.188             12/29/2001(8) 12/29/2007 Common Stock 30,000   30,000 D  
Non-Qualified Stock Option (right to buy) $ 107.326             04/26/2001(9) 04/26/2005 Common Stock 8,493   8,493 D  
Non-Qualified Stock Option (right to buy) $ 149.25             06/23/2001(10) 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, CA 94043		       SVP, Gen. Counsel & Secretary  

Signatures

 By: Donald T Rozak Jr, as attorney-in-fact For: James M. Ulam   11/05/2004
**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) 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.
(3) 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.
(4) Are exercisable as to 6.25% of the shares each quarter from the date of grant.
(5) 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
(6) 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.
(7) 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.
(8) 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.
(9) Options vest 30% and become exercisable one year after the vesting start date of April 26, 2000, and vest and become exercisable 30%, 20% and 20%, respectively, at the end of the second, third and fourth years after the vesting start date.
(10) 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.

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