NVR INC — Director's Dealing 2009

Aug 31, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2009-08-28

Reporting Person: BUTLER ROBERT C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-28	NVR, Inc. common stock	M	3000	$369.75	Acquired	3300	Direct
2009-08-28	NVR, Inc. common stock	S	3000	$690.95	Disposed	300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-08-28	Employee stock option (right to buy)	$369.75	M	3000	Disposed	2012-04-30	Common stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	150	Indirect

Footnotes

F1: Options issued under the 1998 Directors Long-Term Stock Option Plan vest 25% per year at 12/31/06, 12/31/07, 12/31/08, and 12/31/09