NVR INC — Director's Dealing 2018

Feb 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2018-02-06

Reporting Person: Grier Eddie Arthur (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-06	NVR, Inc. common stock	M	111	$1094.22	Acquired	244	Direct
2018-02-06	NVR, Inc. common stock	S	111	$2950.01	Disposed	133	Direct
2018-02-06	NVR, Inc. common stock	M	289	$1094.22	Acquired	422	Direct
2018-02-06	NVR, Inc. common stock	S	289	$2975	Disposed	133	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-06	Stock option (right to buy)	$1094.22	M	111	Disposed	2024-05-13	Common stock (111.0)	Direct
2018-02-06	Stock option (right to buy)	$1094.22	M	289	Disposed	2024-05-13	Common stock (289.0)	Direct

Footnotes

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.