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 *
HUGHES GREGORY
  2. Issuer Name and Ticker or Trading Symbol
VERITAS SOFTWARE CORP /DE/ [VRTS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Global Services
(Last)
(First)
(Middle)
350 ELLIS STREET
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2005
(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 07/02/2005   D(1) V 35,825 D (2) 35,825 D  

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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
Incentive Stock Option (right to buy) $ 37.05 07/02/2005   D(3) V   10,796   (4) 11/04/2013 Common Stock 10,796 (4) 0 D  
Non Qualified Stock Option (right to buy) $ 37.05 07/02/2005   D(3) V   489,204   (5) 11/04/2013 Common Stock 489,204 (5) 0 D  
Non Qualified Stock Option (right to buy) $ 24.56 07/02/2005   D(3) V   225,000   (6) 02/15/2012 Common Stock 225,000 (6) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HUGHES GREGORY
350 ELLIS STREET
MOUNTAIN VIEW, CA 94043
      EVP, Global Services  

Signatures

 Edward F. Malysz, as attorney-in-fact for Gregory W. Hughes   07/08/2005
**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) Exempt transaction pursuant to Rule 16b-3(e) of the Exchange Act of 1934, as amended.
(2) Shares were disposed of pursuant to merger agreement with Symantec Corporation in exchange for shares of Symantec Corporation common stock based on an exchange ratio of 1.1242 and having a value of $21.22 per share on the effective date of merger.
(3) Exempt transaction pursuant to Rule 16b-3(e) of the Exchange Act of 1934, as amended.
(4) Option, which provided with one-eighth of the option vesting on 4/13/2004 and the remaining options vesting in forty-two equal monthly installments thereafter, and was subject to 50% acceleration of all unvested options upon a change in control, was assumed by Symantec Corporation and replaced with an option to acquire 12,136 shares of Symantec Common Stock having an exercise price of $32.9568 per share.
(5) Option, which provided with one-eighth of the option vesting on 4/13/2004 and the remaining options vesting in forty-two equal monthly installments thereafter, and was subject to 50% acceleration of all unvested options upon a change in control, was assumed by Symantec Corporation and replaced with an option to acquire 549,963 shares of Symantec Common Stock having an exercise price of $32.9568 per share.
(6) Option, which provided for vesting in forty-eight equal monthly installments beginning 11/15/2004, was assumed by Symantec Corporation and replaced with an option to acquire 252,945 shares of Symantec Corporation Common stock having an exercise price of $21.8466 per share.

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