SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Howton David T

(Last) (First) (Middle)
C/O VERTEX PHARMACEUTICALS INCORPORATED
130 WAVERLY ST

(Street)
CAMBRIDGE MA 02139

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/29/2011
3. Issuer Name and Ticker or Trading Symbol
VERTEX PHARMACEUTICALS INC / MA [ VRTX ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP
5. If Amendment, Date of 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
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 9,599(1) D
Common Stock 264 I 401(k)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options 12/14/2009(2) 09/13/2019 Common Stock 25,000 36.33 D
Stock Options 05/04/2010(3) 02/03/2020 Common Stock 15,000 39.05 D
Stock Options 10/14/2010(4) 07/13/2020 Common Stock 7,500 33.82 D
Stock Options 05/03/2011(5) 02/02/2021 Common Stock 15,000 38.8 D
Stock Options 10/13/2011(6) 07/12/2021 Common Stock 7,500 51.75 D
Explanation of Responses:
1. (i) Includes (a) 3,000 shares of common stock vesting in three equal installments on 9/1/2011, 9/1/2012 and 9/1/2013; (b) 1,000 shares of common stock vesting on 2/4/2014, subject to acceleration upon achievement of Company performance goals, and (c) 3,000 shares of common stock vesting on 2/3/2015, subject to acceleration upon achievement of Company performance goals.
2. Right to buy under 2006 Stock and Option Plan vesting in 16 quarterly installments from 09/14/2009.
3. Right to buy under 2006 Stock and Option Plan, vesting in 16 quarterly installments from 02/04/2010.
4. Right to buy under 2006 Stock and Option Plan vesting in 16 quarterly installments from 07/14/2010.
5. Right to buy under 2006 Stock and Option Plan vesting in 16 quarterly installments from 02/03/2011.
6. Right to buy under 2006 Stock and Option Plan vesting in 16 quarterly installments from 07/13/2011.
Remarks:
David T. Howton 09/07/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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