NVR INC — Director's Dealing 2019

May 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2019-05-02

Reporting Person: Martchek Jeffrey D (President of Homebuilding Ops)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-02	NVR, Inc. common stock	M	500	$727.86	Acquired	4658	Direct
2019-05-02	NVR, Inc. common stock	S	500	$3204.32	Disposed	4158	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-02	Employee stock option (right to buy)	$727.86	M	500	Disposed	2021-02-28	Common stock (500.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	114	Indirect
NVR, Inc. common stock	2244	Indirect

Footnotes

F1: Stock options were granted under the 2010 Equity Incentive Plan and vested in 50% increments on 12/31/13 and 12/31/14.