SEC Form 4 · accession 0000906163-19-000017
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dwight C Schar
Director
Period of report
Jan 31, 2019
Accepted (ET)
Feb 4, 2019 · 6:13 pm EST
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 | Jan 31, 2019 | M | 3,662 | $1,094.22 | A | 63,662 | D | |
| NVR, Inc. common stock | Jan 31, 2019 | S | 3,662 | $2,683.08 | D | 60,000 | D | |
| NVR, Inc. common stock | Feb 1, 2019 | M | 1,739 | $1,094.22 | A | 61,739 | D | |
| NVR, Inc. common stock | Feb 1, 2019 | S | 1,739 | $2,640.89 | D | 60,000 | 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 | Jan 31, 2019 | M | 3,662 | D | — | May 13, 2024 | Common stock | 3,662 | 24,838 | D |
| Stock option (right to buy)F1 | $1,094.22 | Feb 1, 2019 | M | 1,739 | D | — | May 13, 2024 | Common stock | 1,739 | 23,099 | 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.