NVR INC - Director's Dealing 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2018-08-01

Reporting Person: Grier Eddie Arthur (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-01	NVR, Inc. common stock	M	60	$1094.22	Acquired	193	Direct
2018-08-01	NVR, Inc. common stock	S	60	$2722.23	Disposed	133	Direct
2018-08-01	NVR, Inc. common stock	M	48	$1017.86	Acquired	181	Direct
2018-08-01	NVR, Inc. common stock	S	48	$2721.99	Disposed	133	Direct
2018-08-02	NVR, Inc. common stock	M	42	$1017.86	Acquired	175	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-01	Stock option (right to buy)	$1094.22	M	60	Disposed	2024-05-13	Common stock (60.0)	Direct
2018-08-01	Stock option (right to buy)	$1017.86	M	48	Disposed	2023-05-06	Common stock (48.0)	Direct
2018-08-02	Stock option (right to buy)	$1017.86	M	42	Disposed	2023-05-06	Common stock (42.0)	Direct

F1: Stock options granted under the 2014 Equity Incentive Plan vest in 25% increments on 12/31/16, 12/31/17, 12/31/18 and 12/31/19.

F2: Stock options granted under the 2010 Equity Incentive Plan vest in 50% increments on 12/31/17 and 12/31/18.