NVR INC — Director's Dealing 2010

Apr 27, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2010-04-23

Reporting Person: SEREMET DENNIS M (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-23	NVR, Inc. common stock	M	2233	$189.00	Acquired	43110	Direct
2010-04-23	NVR, Inc. common stock	S	1000	$753.00	Disposed	42110	Direct
2010-04-23	NVR, Inc. common stock	S	1000	$760.12	Disposed	41110	Direct
2010-04-23	NVR, Inc. common stock	S	233	$753.24	Disposed	40877	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-23	Employee stock option (right to buy)	$189.00	M	2233	Disposed	2011-05-03	common stock (2233)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	3049	Indirect
NVR, Inc. common stock	2123	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