NVR INC — Director's Dealing 2018

May 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2018-04-30

Reporting Person: Martinez Melquiades R. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-30	NVR, Inc. common stock	M	844	$899.84	Acquired	975	Direct
2018-04-30	NVR, Inc. common stock	S	844	$3102.97	Disposed	131	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-30	Stock option (right to buy)	$899.84	M	844	Disposed	2022-11-30	Common stock (844.0)	Direct

Footnotes

F1: Stock options granted under the 2010 Equity Incentive Plan vest in 50% increments on 12/31/16 and 12/31/17.