SEC Form 4 · accession 0000906163-18-000069
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey D Martchek
Officer — President of Homebuilding Ops
Period of report
May 10, 2018
Accepted (ET)
May 14, 2018 · 5:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000906163
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option (right to buy)F1,F2 | $3,022.99 | May 10, 2018 | A | 7,300 | A | — | May 9, 2028 | Common stock | 7,300 | 7,300 | D |
Explanation of responses
- F1Stock 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.
- F2Time-based stock options granted under the NVR, Inc. 2018 Equity Incentive Plan. See NVR's Form 8-K filed on May 14, 2018 for discussion of performance-based stock options granted at the same time.