NVR INC — Director's Dealing 2018

Oct 26, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2018-10-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-10-24	NVR, Inc. common stock	M	797	$844.50	Acquired	797	Direct
2018-10-24	NVR, Inc. common stock	S	797	$2142.18	Disposed	0	Direct
2018-10-25	NVR, Inc. common stock	M	4203	$844.50	Acquired	4203	Direct
2018-10-25	NVR, Inc. common stock	S	4203	$2131.63	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-10-24	Employee stock option (right to buy)	$844.5	M	797	Disposed	2022-09-30	Common stock (797.0)	Direct
2018-10-25	Employee stock option (right to buy)	$844.5	M	4203	Disposed	2022-09-30	Common stock (4203.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	1133	Indirect
NVR, Inc. common stock	248	Indirect

Footnotes

F1: Stock options granted under the 2010 Equity Incentive Plan vest in 25% increments on 12/31/14, 12/31/15, 12/31/16 and 12/31/17.