NVR INC — Director's Dealing 2010

Feb 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: SCHAR DWIGHT C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-02	NVR, Inc. common stock	M	100000	$189.00	Acquired	100000	Direct
2010-02-02	NVR, Inc. common stock	S	15486	$685.09	Disposed	84514	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-02	Employee stock option (right to buy)	$189.00	M	100000	Disposed	2011-05-02	common stock (100000)	Direct

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