SEC Form 4 · accession 0000906163-18-000138
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexandra A Jung
Director
Period of report
Dec 3, 2018
Accepted (ET)
Dec 3, 2018 · 4:02 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F1,F2 | $2,450.00 | Dec 3, 2018 | A | 565 | A | — | Dec 2, 2028 | Common stock | 565 | 565 | D |
Explanation of responses
- F1Stock options granted under the NVR, Inc. 2018 Equity Incentive Plan vest in 25% increments on 12/31/21, 12/31/22, 12/31/23 and 12/31/24.
- F2Time-based stock options granted under the NVR, Inc. 2018 Equity Incentive Plan. The director also received performance-based options for an equal number of shares. The performance-based options will vest on the same terms as the time-based options, subject to an additional requirement that vesting of the options is based on the Company's return on capital performance during 2019 through 2021.