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NVR INC — Director's Dealing 2022
Mar 7, 2022
30254_dirs_2022-03-07_d9f8588c-4630-47e5-83bf-44044f30644f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2022-03-04
Reporting Person: Jung Alexandra A (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-04 | Stock option (right to buy) | $2450.0 | A | 565 | Acquired | 2028-12-02 | Common stock (565.0) | Direct |
Footnotes
F1: Stock options were granted under the NVR, Inc. 2018 Equity Incentive Plan and vest in 25% increments on 12/31/21, 12/31/22, 12/31/23 and 12/31/24.
F2: Stock options were granted on December 3, 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 2019 through 2021. Effective March 4, 2022, 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 the director's continued service.