NVR INC — Director's Dealing 2011

Feb 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2011-02-01

Reporting Person: Henley Robert W (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-01	NVR, Inc. common stock	M	750	$189.00	Acquired	4797	Direct
2011-02-01	NVR, Inc. common stock	S	750	$770.00	Disposed	4047	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-01	Employee stock option (right to buy)	$189.00	M	750	Disposed	2011-05-02	common stock (750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	1061	Indirect
NVR, Inc. common stock	248	Indirect

Footnotes

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