NVR INC — Director's Dealing 2015

Aug 20, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2015-08-18

Reporting Person: SAVILLE PAUL C (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-18	NVR, Inc. common stock	M	10000	$515.05	Acquired	134128	Direct
2015-08-18	NVR, Inc. common stock	S	10000	$1561.82	Disposed	124128	Direct
2015-08-19	NVR, Inc. common stock	M	8000	$515.05	Acquired	132128	Direct
2015-08-19	NVR, Inc. common stock	S	8000	$1560.78	Disposed	124128	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-18	Employee stock option (right to buy)	$515.05	M	10000	Disposed	2018-01-02	Common stock (10000)	Direct
2015-08-19	Employee stock option (right to buy)	$515.05	M	8000	Disposed	2018-01-02	Common stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	4489	Indirect
NVR, Inc. common stock	3220	Indirect

Footnotes

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