SEC Form 4 · accession 0001209191-16-118353
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alfred E Festa
Director
Period of report
May 6, 2016
Accepted (ET)
May 9, 2016 · 11:54 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 6, 2016 | M | 1,592 | $434.25 | A | 2,413 | D | |
| NVR, Inc. common stock | May 6, 2016 | S | 1,592 | $1,625.00 | D | 821 | 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 | $434.25 | May 6, 2016 | M | 1,592 | D | — | Nov 30, 2018 | Common stock | 1,592 | 0 | D |
Explanation of responses
- F1Options granted under the 1998 Directors' Long-Term Stock Option Plan vested in 33 1/3% increments on 12/31/10, 12/31/11 and 12/31/12.