NVR INC — Director's Dealing 2012

Apr 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2012-04-27

Reporting Person: SEREMET DENNIS M (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-27	NVR, Inc. common stock	M	10000	$515.05	Acquired	55329	Direct
2012-04-27	NVR, Inc. common stock	S	10000	$794.56	Disposed	45329	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-27	Employee stock option (right to buy)	$515.05	M	10000	Disposed	2018-01-02	common stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	3071	Indirect
NVR, Inc. common stock	2169	Indirect