NVR INC — Director's Dealing 2015

Oct 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2015-10-22

Reporting Person: SCHAR DWIGHT C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-22	NVR, Inc. common stock	M	2013	$703.00	Acquired	72210	Direct
2015-10-22	NVR, Inc. common stock	G	2013	—	Disposed	70197	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-22	Stock option (right to buy)	$703.00	M	2013	Disposed	2020-05-10	Common stock (2013)	Direct

Footnotes

F1: Transaction represents a bona fide gift of NVR, Inc. common stock; thus, there is no price associated with this share transaction.

F2: Options granted under the 2010 Equity Incentive Plan vested in 50% increments on 12/31/13 and 12/31/14.