SEC Form 4 · accession 0001209191-17-029963
NVR INC · NVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul W Whetsell
Director
Period of report
May 3, 2017
Accepted (ET)
May 4, 2017 · 2:50 pm 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 3, 2017 | M | 764 | $703.00 | A | 1,822 | D | |
| NVR, Inc. common stock | May 3, 2017 | M | 650 | $1,094.22 | A | 2,472 | D | |
| NVR, Inc. common stock | May 3, 2017 | S | 1,414 | $2,101.34 | 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 | May 3, 2017 | M | 764 | D | — | May 10, 2020 | Common stock | 764 | 0 | D |
| Stock option (right to buy)F2 | $1,094.22 | May 3, 2017 | M | 650 | D | — | May 13, 2024 | Common stock | 650 | 1,950 | D |
Explanation of responses
- F1Options granted under the 2010 Equity Incentive Plan vested in 50% increments on 12/31/13 and 12/31/14.
- 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.