VeriSign Executive VP Exercises Options

In Form 4s filed with the SEC Tuesday, Robert J. Korzeniewski reported he exercised the options Friday and Monday for $10.08 and $12.88 apiece and then sold 49,700 of them on the same days for $31.69 to $32 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

VeriSign is based in Mountain View, Calif.