NVR INC — Director's Dealing 2017

Feb 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2017-02-03

Reporting Person: DONAHUE TIMOTHY M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-03	NVR, Inc. common stock	M	651	$515.05	Acquired	1169	Direct
2017-02-06	NVR, Inc. common stock	S	651	$1878.83	Disposed	518	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-03	Stock option (right to buy)	$515.05	M	651	Disposed	2018-01-02	Common stock (651)	Direct

Footnotes

F1: Options granted under the 1998 Directors' Long-Term Stock Option Plan vested in 33 1/3% increments on 12/31/10, 12/31/11 and 12/31/12.