NVR INC — Director's Dealing 2010

Nov 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2010-11-17

Reporting Person: SAVILLE PAUL C (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-17	NVR, Inc. common stock	M	3500	$189.00	Acquired	141316	Direct
2010-11-17	NVR, Inc. common stock	S	3500	$615.62	Disposed	137816	Direct
2010-11-18	NVR, Inc. common stock	M	6500	$189.00	Acquired	144316	Direct
2010-11-18	NVR, Inc. common stock	S	6500	$622.59	Disposed	137816	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-17	Employee stock option (right to buy)	$189.00	M	3500	Disposed	2011-05-02	common stock (3500)	Direct
2010-11-18	Employee stock option (right to buy)	$189.00	M	6500	Disposed	2011-05-02	common stock (6500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	4389	Indirect
NVR, Inc. common stock	3167	Indirect

Footnotes

F1: Stock options granted under the 2000 Broadly-Based Stock Option Plan vest in 25% increments on December 31, 2006, 2007, 2008 and 2009.