NVR INC — Director's Dealing 2017

Feb 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2017-02-27

Reporting Person: Malzahn Daniel David (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-27	NVR, Inc. common stock	M	1500	$515.05	Acquired	4225	Direct
2017-02-27	NVR, Inc. common stock	S	1500	$1955.12	Disposed	2725	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-27	Employee stock option (right to buy)	$515.05	M	1500	Disposed	2018-01-02	Common stock (1500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	1013	Indirect
NVR, Inc. common stock	362	Indirect

Footnotes

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