SEC Form 4 · accession 0001209191-17-006092
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melquiades R. Martinez
Director
Period of report
Jan 27, 2017
Accepted (ET)
Jan 30, 2017 · 3:03 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 | 844 | $899.84 | A | 975 | D | |
| NVR, Inc. common stock | Jan 27, 2017 | M | 325 | $1,094.22 | A | 1,300 | D | |
| NVR, Inc. common stock | Jan 27, 2017 | S | 1,169 | $1,855.03 | D | 131 | 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 | $899.84 | Jan 27, 2017 | M | 844 | D | — | Nov 30, 2022 | Common stock | 844 | 844 | D |
| Stock option (right to buy)F2 | $1,094.22 | Jan 27, 2017 | M | 325 | D | — | May 13, 2024 | Common stock | 325 | 975 | D |
Explanation of responses
- F1Options granted under the 2010 Equity Incentive Plan vest in 50% increments on 12/31/16 and 12/31/17.
- F2Stock options granted under the NVR, Inc. 2014 Equity Incentive Plan vest in 25% increments on 12/31/16, 12/31/17, 12/31/18 and 12/31/19.