NVR INC — Director's Dealing 2010

Feb 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2010-02-11

Reporting Person: INMAN WILLIAM J (President, NVRM Finance, Inc.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-11	NVR, Inc. common stock	M	12500	$189.00	Acquired	103065	Direct
2010-02-11	NVR, Inc. common stock	S	8404	$674.91	Disposed	94661	Direct
2010-02-12	NVR, Inc. common stock	S	4096	$676.31	Disposed	90565	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-11	Employee stock option (right to buy)	$189.00	M	12500	Disposed	2011-05-02	common stock (12500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	815	Indirect
NVR, Inc. common stock	22	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