NVR INC — Director's Dealing 2018

May 31, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2018-05-29

Reporting Person: Bredow Eugene James (SVP, Chief Admin Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-29	NVR, Inc. common stock	M	1000	$804.80	Acquired	1826	Direct
2018-05-29	NVR, Inc. common stock	S	1000	$3080	Disposed	826	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-29	Employee stock option (right to buy)	$804.8	M	1000	Disposed	2022-05-31	Common stock (1000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	145	Indirect

Footnotes

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