AI assistant
NVR INC — Director's Dealing 2021
Mar 12, 2021
30254_dirs_2021-03-12_55c13059-e015-46b2-8ce6-f1920621768b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2021-03-11
Reporting Person: SAVILLE PAUL C (Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-11 | Employee stock option (right to buy) | $3022.99 | A | 25000 | Acquired | 2028-05-09 | Common stock (25000.0) | Direct |
Footnotes
F1: Stock options granted under the NVR, Inc. 2018 Equity Incentive Plan vest in 25% increments on 12/31/20, 12/31/21, 12/31/22 and 12/31/23.
F2: Stock options were granted on May 10, 2018 under the NVR, Inc. 2018 Equity Incentive Plan and are subject to the achievement of a performance metric based on the Company's return on capital performance during the three-year period from 2018 through 2020. Effective March 11, 2021, it was determined by the Compensation Committee of the Board of Directors that the Company had achieved the required return on capital performance metric for the three-year performance period. Vesting for these stock options is now solely contingent upon continued employment.