NVR INC — Director's Dealing 2014

Oct 29, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2014-10-28

Reporting Person: Henley Robert W (President, NVRM, Inc.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-28	NVR, Inc. common stock	M	2000	$515.05	Acquired	2701	Direct
2014-10-28	NVR, Inc. common stock	S	2000	$1225.00	Disposed	701	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-10-28	Employee stock option (right to buy)	$515.05	M	2000	Disposed	2018-01-02	common stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	1102	Indirect
NVR, Inc. common stock	248	Indirect

Footnotes

F1: Options granted under the 2000 Broadly-Based Stock Option Plan vested 100% on 12/31/10.