NVR INC — Director's Dealing 2009

Feb 12, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2009-02-10

Reporting Person: SCHAR DWIGHT C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-10	NVR, Inc. common stock	M	25400	$189.00	Acquired	30414	Direct
2009-02-10	NVR, Inc. common stock	S	25400	$389.74	Disposed	5014	Direct
2009-02-11	NVR, Inc. common stock	M	17000	$189.00	Acquired	22014	Direct
2009-02-11	NVR, Inc. common stock	S	13406	$383.54	Disposed	8608	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-10	Employee stock option (right to buy)	$189.00	M	25400	Disposed	2011-05-02	common stock (25400)	Direct
2009-02-11	Employee stock option (right to buy)	$189.00	M	17000	Disposed	2011-05-02	common stock (17000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	3	Indirect
NVR, Inc. common stock	755	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