SEC Form 4 · accession 0000906163-19-000047
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eddie Arthur Grier
Director
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 4:09 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 | Feb 22, 2019 | M | 650 | $1,094.22 | A | 825 | D | |
| NVR, Inc. common stock | Feb 22, 2019 | S | 650 | $2,684.66 | D | 175 | D | |
| NVR, Inc. common stock | Feb 25, 2019 | M | 350 | $1,017.86 | A | 525 | D | |
| NVR, Inc. common stock | Feb 25, 2019 | S | 350 | $2,637.04 | D | 175 | 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 | Feb 22, 2019 | M | 650 | D | — | May 13, 2024 | Common stock | 650 | 650 | D |
| Stock option (right to buy)F2 | $1,017.86 | Feb 25, 2019 | M | 350 | D | — | May 6, 2023 | Common stock | 350 | 988 | D |
Explanation of responses
- F1Stock options were granted under the 2014 Equity Incentive Plan and vest in 25% increments on 12/31/16, 12/31/17, 12/31/18 and 12/31/19.
- F2Stock options were granted under the 2010 Equity Incentive Plan and vested in 50% increments on 12/31/17 and 12/31/18.