NVR INC — Director's Dealing 2020

Feb 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2020-02-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-20	NVR, Inc. common stock	M	500	$1094.22	Acquired	3623	Direct
2020-02-20	NVR, Inc. common stock	S	500	$4018.17	Disposed	3123	Direct
2020-02-21	NVR, Inc. common stock	M	500	$1094.22	Acquired	3623	Direct
2020-02-21	NVR, Inc. common stock	S	500	$4036.98	Disposed	3123	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-20	Employee stock option (right to buy)	$1094.22	M	500	Disposed	2024-05-13	Common stock (500.0)	Direct
2020-02-21	Employee stock option (right to buy)	$1094.22	M	500	Disposed	2024-05-13	Common stock (500.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	2247	Indirect
NVR, Inc. common stock	114	Indirect

Footnotes

F1: Stock options granted under the 2010 Equity Incentive Plan vest in 25% increments on 12/31/16, 12/31/17, 12/31/18 and 12/31/19.