SEC Form 4 · accession 0001209191-17-015230
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey D Martchek
Officer — President of Homebuilding Ops
Period of report
Feb 27, 2017
Accepted (ET)
Feb 28, 2017 · 4:06 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 27, 2017 | M | 2,000 | $434.25 | A | 6,323 | D | |
| NVR, Inc. common stock | Feb 27, 2017 | S | 2,000 | $1,947.87 | D | 4,323 | D | |
| NVR, Inc. common stock | holding | — | — | — | 2,235 | I | By ESOP Trust | |
| NVR, Inc. common stock | holding | — | — | — | 114 | I | By Profit Sharing Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option (right to buy)F1 | $434.25 | Feb 27, 2017 | M | 2,000 | D | — | Nov 30, 2018 | Common stock | 2,000 | 2,000 | D |
Explanation of responses
- F1Options granted under the 2000 Broadly-Based Stock Option Plan vested in 25% increments on 12/31/11, 12/31/12, 12/31/13 and 12/31/14.