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VRSN » Topics » Tax withholdings

This excerpt taken from the VRSN 10-K filed Mar 3, 2009.

Tax withholdings

 

Upon vesting of restricted stock units, the Company places a sufficient portion of the vested restricted stock awards into treasury stock in lieu of tax withholdings due, and makes a cash payment to the Internal Revenue Service, state tax authorities or appropriate foreign tax authorities to cover the applicable withholding taxes.

 

This excerpt taken from the VRSN 10-K filed Feb 29, 2008.

Tax withholdings

 

Upon vesting of restricted stock units, the Company places a sufficient portion of the vested restricted stock awards into treasury stock in lieu of tax withholdings due, and makes a cash payment to the Internal Revenue Service and state tax authorities to cover the applicable withholding taxes.

 

144

Table of Contents

VERISIGN, INC. AND SUBSIDIARIES

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

DECEMBER 31, 2007, 2006 AND 2005

 

EXCERPTS ON THIS PAGE:

10-K
Mar 3, 2009
10-K
Feb 29, 2008

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