NVR INC — Director's Dealing 2018

May 14, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2018-05-11

Reporting Person: SCHAR DWIGHT C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-11	NVR, Inc. common stock	M	12215	$703	Acquired	80056	Direct
2018-05-11	NVR, Inc. common stock	S	12215	$3049.78	Disposed	67841	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-11	Stock option (right to buy)	$703.0	M	12215	Disposed	2020-05-10	Common stock (12215.0)	Direct

Footnotes

F1: Stock options granted under the 2000 Broadly-Based Stock Option Plan vested in 50% increments on 12/31/13 and 12/31/14.