SEC Form 4 · accession 0001209191-17-006090
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul W Whetsell
Director
Period of report
Jan 27, 2017
Accepted (ET)
Jan 30, 2017 · 2:59 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 27, 2017 | M | 1,000 | $703.00 | A | 2,058 | D | |
| NVR, Inc. common stock | Jan 27, 2017 | M | 302 | $515.05 | A | 2,360 | D | |
| NVR, Inc. common stock | Jan 27, 2017 | S | 1,302 | $1,835.57 | D | 1,058 | 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 | $703.00 | Jan 27, 2017 | M | 1,000 | D | — | May 10, 2020 | Common stock | 1,000 | 764 | D |
| Stock option (right to buy)F2 | $515.05 | Jan 27, 2017 | M | 302 | D | — | Jan 2, 2018 | Common stock | 302 | 0 | D |
Explanation of responses
- F1Options granted under the 2010 Equity Incentive Plan vested in 50% increments on 12/31/13 and 12/31/14.
- F2Options 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.