SEC Form 4 · accession 0000906163-18-000116
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W Henley
Officer — President, NVRM, Inc.
Period of report
Oct 22, 2018
Accepted (ET)
Oct 24, 2018 · 5:27 pm 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 | Oct 22, 2018 | M | 4,500 | $844.50 | A | 4,500 | D | |
| NVR, Inc. common stock | Oct 22, 2018 | S | 4,500 | $2,150.38 | D | 0 | D | |
| NVR, Inc. common stock | Oct 23, 2018 | M | 500 | $844.50 | A | 500 | D | |
| NVR, Inc. common stock | Oct 23, 2018 | M | 9,850 | $1,094.22 | A | 10,350 | D | |
| NVR, Inc. common stock | Oct 23, 2018 | S | 10,350 | $2,143.53 | D | 0 | D | |
| NVR, Inc. common stock | holding | — | — | — | 1,133 | I | By ESOP Trust | |
| NVR, Inc. common stock | holding | — | — | — | 248 | I | By Profit Sharing Trust |
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 | $844.50 | Oct 22, 2018 | M | 4,500 | D | — | Sep 30, 2022 | Common stock | 4,500 | 5,500 | D |
| Employee stock option (right to buy)F1 | $844.50 | Oct 23, 2018 | M | 500 | D | — | Sep 30, 2022 | Common stock | 500 | 5,000 | D |
| Employee stock option (right to buy)F2 | $1,094.22 | Oct 23, 2018 | M | 9,850 | D | — | May 13, 2024 | Common stock | 9,850 | 9,850 | D |
Explanation of responses
- F1Stock options granted under the 2010 Equity Incentive Plan vest in 25% increments on 12/31/14, 12/31/15, 12/31/16 and 12/31/17.
- F2Stock 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.