NVR INC — Director's Dealing 2009

Apr 28, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2009-04-24

Reporting Person: SEREMET DENNIS M (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-04-24	NVR, Inc. common stock	M	4000	$189.00	Acquired	44877	Direct
2009-04-24	NVR, Inc. common stock	S	2000	$526.00	Disposed	42877	Direct
2009-04-24	NVR, Inc. common stock	S	2000	$525.06	Disposed	40877	Direct
2009-04-27	NVR, Inc. common stock	M	1000	$189.00	Acquired	41877	Direct
2009-04-27	NVR, Inc. common stock	S	1000	$525.00	Disposed	40877	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-04-24	Employee stock option (right to buy)	$189.00	M	4000	Disposed	2011-05-03	common stock (4000)	Direct
2009-04-27	Employee stock option (right to buy)	$189.00	M	1000	Disposed	2011-05-03	common stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	3038	Indirect
NVR, Inc. common stock	2099	Indirect

Footnotes

F1: Options granted under the 2000 Broad Based Stock Option Plan vest annually in 25% increments on 12/31/06, 12/31/07, 12/31/08, and 12/31/09