content: <HTML>
  <HEAD>
  <TITLE>sv8</TITLE>
  </HEAD>
  <BODY bgcolor="#FFFFFF">
  <!-- PAGEBREAK -->
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  
  <P align="center"><FONT size="2">As filed with the Securities and Exchange Commission on July&nbsp;23, 2003
  </FONT>
  
  
  <P align="right"><FONT size="2">Registration No.333-____________
  </FONT>
  
  
  <P align="center"><FONT size="4"><B>UNITED STATES<BR>
  SECURITIES AND EXCHANGE COMMISSION
  </B></FONT>
  
  
  <DIV align="center"><FONT size="3">Washington, D.C. 20549</FONT></DIV>
  
  
  <P align="center"><FONT size="5"><B>FORM S-8
  </B></FONT>
  
  <CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="55%">
  <TR valign="bottom">
      <TD width="100%">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><FONT size="2"><B>REGISTRATION STATEMENT<BR>
  UNDER<BR>
  THE SECURITIES ACT OF 1933</B></FONT></TD>
  </TR>
  </TABLE>
  </CENTER>
  
  <P align="center"><FONT size="6"><B>RSA SECURITY INC.
  </B></FONT>
  
  
  <DIV align="center"><FONT size="2">(Exact Name of Registrant as Specified in Its Charter)
  </FONT></DIV>
  
  <CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="90%">
  <TR valign="bottom">
      <TD width="51%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="44%">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><FONT size="2"><B>Delaware</B></FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="center" valign="top"><FONT size="2">
  <B>04-2916506</B></FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD align="center" valign="top"><FONT size="2">(State or Other Jurisdiction of<BR>
  Incorporation or Organization)</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="center" valign="top"><FONT size="2">
  (I.R.S. Employer<BR>
  Identification Number)</FONT></TD>
  </TR>
  
  <TR><TD>&nbsp;</td></tr>
  
  <TR valign="bottom">
      <TD align="center" valign="top"><FONT size="2"><B>174 Middlesex Turnpike, Bedford, Massachusetts</B></FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="center" valign="top"><FONT size="2">
  <B>01730</B></FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD align="center" valign="top"><FONT size="2">(Address of Principal Executive Offices)</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="center" valign="top"><FONT size="2">
  (Zip Code)</FONT></TD>
  </TR>
  </TABLE>
  </CENTER>
  
  <P align="center"><FONT size="2"><B>1994 EMPLOYEE STOCK PURCHASE PLAN, AS AMENDED</B><BR>
  (Full Title of the Plan)
  </FONT>
  
  
  <P align="center"><FONT size="2"><B>ARTHUR W. COVIELLO, JR.<BR>
  RSA Security Inc.<BR>
  174 Middlesex Turnpike<BR>
  Bedford, Massachusetts 01730</B><BR>
  (Name and Address of Agent for Service)
  </FONT>
  
  
  <P align="center"><FONT size="2"><B>(781)&nbsp;515-5000</B><BR>
  (Telephone Number, Including Area Code, of Agent for Service)
  </FONT>
  
  <P align="center"><FONT size="2">&nbsp;</FONT>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B>
  </FONT>
  <CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="90%">
  <TR valign="bottom">
      <TD width="27%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="2%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="9%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="10%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="4%">&nbsp;</TD>
  </TR>
  
  <TR valign="bottom">
      <TD nowrap align="center"><FONT size="1"><B>Title of each class of</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="7"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
  </TR>
  <TR valign="bottom">
      <TD nowrap align="center"><FONT size="1"><B>Securities</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="7"><FONT size="1"><B>Offering</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount of</B></FONT></TD>
  </TR>
  <TR valign="bottom">
      <TD nowrap align="center"><FONT size="1"><B>to be</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="7"><FONT size="1"><B>Price</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="3"><FONT size="1"><B>Aggregate Offering</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="3"><FONT size="1"><B>Registration</B></FONT></TD>
  </TR>
  <TR valign="bottom">
      <TD nowrap align="center"><FONT size="1"><B>Registered</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="3"><FONT size="1"><B>to be Registered</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="7"><FONT size="1"><B>Per Share</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="3"><FONT size="1"><B>Price</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center" colspan="3"><FONT size="1"><B>Fee</B></FONT></TD>
  </TR>
  <TR valign="bottom">
      <TD nowrap align="center"><HR size="1" noshade></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD colspan="3"><HR size="1" noshade></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD colspan="7"><HR size="1" noshade></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD colspan="3"><HR size="1" noshade></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD colspan="3"><HR size="1" noshade></TD>
  </TR>
  <TR valign="bottom">
      <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Common Stock, $.01
  par value</FONT></DIV></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="right"><FONT size="2">1,000,000</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="right"><FONT size="2">$</FONT></TD>
      <TD align="right"><FONT size="2">11.76</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="right"><FONT size="2">$</FONT></TD>
      <TD align="right"><FONT size="2">11,760,000.00</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="right"><FONT size="2">$</FONT></TD>
      <TD align="right"><FONT size="2">951.38</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  </TABLE>
  </CENTER>
  
  
  <P>
  <TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
  <TR valign="top">
      <TD width="1%" align="left" nowrap><FONT size="2">(1)</FONT></TD>
      <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
      <TD width="96%"><FONT size="2">Estimated solely for the purpose of calculating the registration fee, and
  based on the average of the high and low prices of the Common Stock on the
  NASDAQ National Market on July&nbsp;21, 2003 in accordance with Rules&nbsp;457(c)
  and 457(h) under the Securities Act of 1933.</FONT></TD>
  </TR>
  </TABLE>
  <P align="center"><FONT size="2">- 2 -</FONT>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  
  <!-- TOC -->
  <A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>
  
  <P><CENTER>
  <TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
  <TR>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="76%"></TD>
  </TR>
  <TR><TD colspan="9"><A HREF="#000">PART I. INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#001">PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#002">SIGNATURES</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#003">EXHIBIT INDEX</A></TD></TR>
  <TR><TD colspan="9"><A HREF="b47265rsexv5w1.txt">OPINION OF KATHRYN L LEACH ESQ</A></TD></TR>
  <TR><TD colspan="9"><A HREF="b47265rsexv23w1.txt">CONSENT OF DELOITTE & TOUCHE LLP</A></TD></TR>
  </TABLE>
  </CENTER>
  <!-- /TOC -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  
  
  
  
  
  <!-- link1 "PART I. INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS" -->
  <DIV align="left"><A NAME="000"></A></DIV>
  
  <P align="left"><FONT size="2">PART I. INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
  </FONT>
  
  <P align="left"><FONT size="2">The information required by Part I is included in documents sent or given to
  participants in the Registrant&#146;s 1994 Employee Stock Purchase Plan, as amended,
  pursuant to Rule&nbsp;428(b)(1) of the Securities Act of 1933, as amended.
  </FONT>
  
  <!-- link1 "PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT" -->
  <DIV align="left"><A NAME="001"></A></DIV>
  
  <P align="left"><FONT size="2">PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
  </FONT>
  
  <P align="left"><FONT size="2">Statement of Incorporation by Reference
  </FONT>
  
  <P align="left"><FONT size="2">Except as otherwise set forth below, this Registration Statement on Form&nbsp;S-8
  incorporates by reference the contents of the Registration Statement on Form
  S-8, File No.&nbsp;333- 84597, filed by the Registrant on August&nbsp;5, 1999, relating
  to the Registrant&#146;s 1994 Employee Stock Purchase Plan, as amended, (the
  &#147;Initial Registration Statement&#148;).
  </FONT>
  
  <P align="left"><FONT size="2">Item&nbsp;5 of the Initial Registration Statement is amended and restated in its
  entirety as follows:
  </FONT>
  
  <P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item&nbsp;5. Interests of Named Experts and Counsel
  </FONT>
  
  
  <P>
  <TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
  <TR>
      <TD width="3%"></TD>
      <TD width="97%"></TD>
  </TR>
  <TR valign="top">
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The validity of the Common Stock offered hereby will be passed upon
  for the Registrant by Kathryn L. Leach, Assistant General Counsel of the
  Registrant. Ms.&nbsp;Leach owns 2,714 shares of Common Stock and options to
  purchase an aggregate of 28,250 shares of Common Stock, which become
  exercisable in periodic installments through February 2007.</FONT></TD>
  </TR>
  </TABLE>
  <P align="center"><FONT size="2">- 3 -</FONT>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <!-- link1 "SIGNATURES" -->
  <DIV align="left"><A NAME="002"></A></DIV>
  
  <P align="center"><FONT size="2">SIGNATURES
  </FONT>
  
  <P align="left"><FONT size="2">Pursuant to the requirements of the Securities Act of 1933, the Registrant
  certifies that it has reasonable grounds to believe that it meets all of the
  requirements for filing on Form&nbsp;S-8 and has duly caused this registration
  statement to be signed on its behalf by the undersigned, thereunto duly
  authorized, in the Town of Bedford, Commonwealth of Massachusetts on July&nbsp;21,
  2003.
  </FONT>
  
  <CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="90%">
  <TR valign="bottom">
      <TD width="50%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="45%">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top" colspan="2"><FONT size="2">
  RSA SECURITY INC.<BR>&nbsp;</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD valign="top"><FONT size="2">By:</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  /s/ Arthur W. Coviello, Jr.</FONT></TD>
  </TR>
  <TR>
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  <HR size="1" noshade></FONT></TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Arthur W. Coviello, Jr.<BR>
  President and Chief Executive Officer</FONT></TD>
  </TR>
  </TABLE>
  </CENTER>
  
  <P align="center"><FONT size="2">POWER OF ATTORNEY
  </FONT>
  
  <P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We, the undersigned officers and directors of RSA Security Inc. hereby
  severally constitute Arthur W. Coviello, Jr., Jeffrey D. Glidden and Margaret
  K. Seif, and each of them singly, our true and lawful attorneys with full power
  to them, and each of them singly, to sign for us and in our names in the
  capacities indicated below, the Registration Statement on Form&nbsp;S-8 filed
  herewith and any and all subsequent amendments to said Registration Statement,
  and generally to do all such things in our names and behalf in our capacities
  as officers and directors to enable RSA Security Inc. to comply with all
  requirements of the Securities and Exchange Commission, hereby ratifying and
  confirming our signatures as they may be signed by said attorneys, or any of
  them, to said Registration Statement and any and all amendments thereto.
  </FONT>
  
  <P align="center"><FONT size="2">- 4 -</FONT>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  
  <P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, this Registration
  Statement has been signed by the following persons in the capacities and on the
  dates indicated.
  </FONT>
  
  <CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
  <TR valign="bottom">
      <TD width="40%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="36%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="14%">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
  </TR>
  <TR valign="bottom">
      <TD nowrap align="center"><HR size="1" noshade></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center"><HR size="1" noshade></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center"><HR size="1" noshade></TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ Arthur W. Coviello, Jr.
  <HR size="1" noshade>
  Arthur W. Coviello, Jr.</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  President, Chief Executive
  Officer and Director
  (Principal Executive
  Officer)
  </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">July&nbsp;21, 2003</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ Jeffrey D. Glidden
  <HR size="1" noshade>
  Jeffrey D. Glidden</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Senior Vice President,
  Finance and Operations, and
  Chief Financial Officer
  (Principal Financial and
  Accounting Officer)
  </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">July&nbsp;21, 2003</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ James K. Sims
  <HR size="1" noshade>
  James K. Sims</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Chairman of the Board of
  Directors
  </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">July&nbsp;21, 2003</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ Robert P. Badavas
  <HR size="1" noshade>
  Robert P. Badavas</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Director
  </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">July&nbsp;21, 2003</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  <TR>
      <TD valign="top"><FONT size="2"><HR size="1" noshade>
  Richard A. DeMillo</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Director</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ Richard L. Earnest
  <HR size="1" noshade>
  Richard L. Earnest</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Director
  </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">July&nbsp;21, 2003</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ Taher Elgamal
  <HR size="1" noshade>
  Taher Elgamal</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Director
  </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">July&nbsp;21, 2003</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ Gloria C. Larson
  <HR size="1" noshade>
  Gloria C. Larson</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Director
  </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">July&nbsp;21, 2003</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ Joseph B. Lassiter, III
  <HR size="1" noshade>
  Joseph B. Lassiter, III</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Director
  </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">July&nbsp;21, 2003</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
  </TR>
  
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">/s/ Charles R. Stuckey, Jr.
  <HR size="1" noshade>
  Charles R. Stuckey, Jr.</FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Director
  </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">July&nbsp;21, 2003</FONT></TD>
  </TR>
  </TABLE>
  </CENTER>
  <P align="center"><FONT size="2">- 5 -</FONT>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  
  <!-- link1 "EXHIBIT INDEX" -->
  <DIV align="left"><A NAME="003"></A></DIV>
  
  <P align="center"><FONT size="2"><B>EXHIBIT INDEX</B>
  </FONT>
  
  <CENTER>
  <TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
  <TR valign="bottom">
      <TD width="8%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="87%">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD nowrap align="center"><FONT size="1"><B>Exhibit</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
  </TR>
  <TR valign="bottom">
      <TD nowrap align="center"><FONT size="1"><B>Number</B></FONT></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center"><FONT size="1"><B>Description</B></FONT></TD>
  </TR>
  <TR valign="bottom">
      <TD nowrap align="center"><HR size="1" noshade></TD>
      <TD><FONT size="1">&nbsp;</FONT></TD>
      <TD nowrap align="center"><HR size="1" noshade></TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><FONT size="2">5.1<BR><BR>
  23.1<BR><BR>
  23.2<BR><BR>
  24.1
  </FONT></TD>
      <TD><FONT size="2">&nbsp;</FONT></TD>
      <TD align="left" valign="top"><FONT size="2">
  Opinion of Kathryn L. Leach, Esq.<BR><BR>
  Consent of Deloitte &#038; Touche LLP<BR><BR>
  Consent of Kathryn L. Leach, Esq. (included in Exhibit&nbsp;5.1)<BR><BR>
  Power of Attorney (included in the signature pages of this Registration
  Statement)</FONT></TD>
  </TR>
  </TABLE>
  </CENTER>
  
  <P align="center"><FONT size="2">- 6 -</FONT>
  
  
  </BODY>
  </HTML>
metadata_documents: [{"type": "S-8", "sequence": "1", "filename": "b47265rssv8.htm", "description": "RSA SECURITY INC", "secsgml_size_bytes": 24205}]
metadata_filer: {"company-data": {"conformed-name": "RSA SECURITY INC/DE/", "cik": "0000932064", "assigned-sic": "3577", "irs-number": "042916506", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-107267", "film-number": "03798417"}, "business-address": {"street1": "174 MIDDLESEX TURNPIKE", "city": "BEDFORD", "state": "MA", "zip": "01730", "phone": "781-515-5422"}, "mail-address": {"street1": "174 MIDDLESEX TURNPIKE", "city": "BEDFORD", "state": "MA", "zip": "01730"}, "former-company": {"former-conformed-name": "SECURITY DYNAMICS TECHNOLOGIES INC /DE/", "date-changed": "19941027"}}
text: sv8
  Table of Contents
  As filed with the Securities and Exchange Commission on July 23, 2003
  Registration No.333-____________
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C. 20549
  FORM S-8
  REGISTRATION STATEMENT
  UNDER
  THE SECURITIES ACT OF 1933
  RSA SECURITY INC.
  (Exact Name of Registrant as Specified in Its Charter)
  Delaware
  04-2916506
  (State or Other Jurisdiction of
  Incorporation or Organization)
  (I.R.S. Employer
  Identification Number)
  174 Middlesex Turnpike, Bedford, Massachusetts
  01730
  (Address of Principal Executive Offices)
  (Zip Code)
  1994 EMPLOYEE STOCK PURCHASE PLAN, AS AMENDED
  (Full Title of the Plan)
  ARTHUR W. COVIELLO, JR.
  RSA Security Inc.
  174 Middlesex Turnpike
  Bedford, Massachusetts 01730
  (Name and Address of Agent for Service)
  (781) 515-5000
  (Telephone Number, Including Area Code, of Agent for Service)
  Table of Contents
  CALCULATION OF REGISTRATION FEE
  Title of each class of
  Proposed Maximum
  Securities
  Offering
  Proposed Maximum
  Amount of
  to be
  Amount
  Price
  Aggregate Offering
  Registration
  Registered
  to be Registered
  Per Share
  Price
  Fee
  Common Stock, $.01
  par value
  1,000,000
  $
  11.76
  $
  11,760,000.00
  $
  951.38
  (1)
  Estimated solely for the purpose of calculating the registration fee, and
  based on the average of the high and low prices of the Common Stock on the
  NASDAQ National Market on July 21, 2003 in accordance with Rules 457(c)
  and 457(h) under the Securities Act of 1933.
  - 2 -
  TABLE OF CONTENTS
  PART I. INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
  PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
  SIGNATURES
  EXHIBIT INDEX
  OPINION OF KATHRYN L LEACH ESQ
  CONSENT OF DELOITTE & TOUCHE LLP
  Table of Contents
  PART I. INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
  The information required by Part I is included in documents sent or given to
  participants in the Registrant's 1994 Employee Stock Purchase Plan, as amended,
  pursuant to Rule 428(b)(1) of the Securities Act of 1933, as amended.
  PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
  Statement of Incorporation by Reference
  Except as otherwise set forth below, this Registration Statement on Form S-8
  incorporates by reference the contents of the Registration Statement on Form
  S-8, File No. 333- 84597, filed by the Registrant on August 5, 1999, relating
  to the Registrant's 1994 Employee Stock Purchase Plan, as amended, (the
  "Initial Registration Statement").
  Item 5 of the Initial Registration Statement is amended and restated in its
  entirety as follows:
  Item 5. Interests of Named Experts and Counsel
  The validity of the Common Stock offered hereby will be passed upon
  for the Registrant by Kathryn L. Leach, Assistant General Counsel of the
  Registrant. Ms. Leach owns 2,714 shares of Common Stock and options to
  purchase an aggregate of 28,250 shares of Common Stock, which become
  exercisable in periodic installments through February 2007.
  - 3 -
  Table of Contents
  SIGNATURES
  Pursuant to the requirements of the Securities Act of 1933, the Registrant
  certifies that it has reasonable grounds to believe that it meets all of the
  requirements for filing on Form S-8 and has duly caused this registration
  statement to be signed on its behalf by the undersigned, thereunto duly
  authorized, in the Town of Bedford, Commonwealth of Massachusetts on July 21,
  2003.
  RSA SECURITY INC.
  By:
  /s/ Arthur W. Coviello, Jr.
  Arthur W. Coviello, Jr.
  President and Chief Executive Officer
  POWER OF ATTORNEY
  We, the undersigned officers and directors of RSA Security Inc. hereby
  severally constitute Arthur W. Coviello, Jr., Jeffrey D. Glidden and Margaret
  K. Seif, and each of them singly, our true and lawful attorneys with full power
  to them, and each of them singly, to sign for us and in our names in the
  capacities indicated below, the Registration Statement on Form S-8 filed
  herewith and any and all subsequent amendments to said Registration Statement,
  and generally to do all such things in our names and behalf in our capacities
  as officers and directors to enable RSA Security Inc. to comply with all
  requirements of the Securities and Exchange Commission, hereby ratifying and
  confirming our signatures as they may be signed by said attorneys, or any of
  them, to said Registration Statement and any and all amendments thereto.
  - 4 -
  Table of Contents
  Pursuant to the requirements of the Securities Act, this Registration
  Statement has been signed by the following persons in the capacities and on the
  dates indicated.
  Signature
  Title
  Date
  /s/ Arthur W. Coviello, Jr.
  Arthur W. Coviello, Jr.
  President, Chief Executive
  Officer and Director
  (Principal Executive
  Officer)
  July 21, 2003
  /s/ Jeffrey D. Glidden
  Jeffrey D. Glidden
  Senior Vice President,
  Finance and Operations, and
  Chief Financial Officer
  (Principal Financial and
  Accounting Officer)
  July 21, 2003
  /s/ James K. Sims
  James K. Sims
  Chairman of the Board of
  Directors
  July 21, 2003
  /s/ Robert P. Badavas
  Robert P. Badavas
  Director
  July 21, 2003
  Richard A. DeMillo
  Director
  /s/ Richard L. Earnest
  Richard L. Earnest
  Director
  July 21, 2003
  /s/ Taher Elgamal
  Taher Elgamal
  Director
  July 21, 2003
  /s/ Gloria C. Larson
  Gloria C. Larson
  Director
  July 21, 2003
  /s/ Joseph B. Lassiter, III
  Joseph B. Lassiter, III
  Director
  July 21, 2003
  /s/ Charles R. Stuckey, Jr.
  Charles R. Stuckey, Jr.
  Director
  July 21, 2003
  - 5 -
  Table of Contents
  EXHIBIT INDEX
  Exhibit
  Number
  Description
  5.1
  23.1
  23.2
  24.1
  Opinion of Kathryn L. Leach, Esq.
  Consent of Deloitte & Touche LLP
  Consent of Kathryn L. Leach, Esq. (included in Exhibit 5.1)
  Power of Attorney (included in the signature pages of this Registration
  Statement)
  - 6 -