SEC Form 4 · accession 0000906163-18-000081
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dwight C Schar
Director
Period of report
May 14, 2018
Accepted (ET)
May 16, 2018 · 10:40 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000906163
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| NVR, Inc. common stock | May 14, 2018 | S | 3,650 | $3,055.65 | D | 64,191 | D | |
| NVR, Inc. common stock | May 15, 2018 | M | 3,150 | $1,094.22 | A | 67,341 | D | |
| NVR, Inc. common stock | May 15, 2018 | G | 3,150 | $0.00 | D | 64,191 | D | |
| NVR, Inc. common stock | May 15, 2018 | S | 460 | $2,986.75 | D | 63,731 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F1 | $1,094.22 | May 15, 2018 | M | 3,150 | D | — | May 13, 2024 | Common stock | 3,150 | 28,500 | D |
Explanation of responses
- F1Stock options granted under the 2014 Equity Incentive Plan vest in 25% increments on 12/31/16, 12/31/17, 12/31/18 and 12/31/19.