Daniel D. Malzahn - 01 Nov 2022 Form 4 Insider Report for NVR INC (NVR)

Role: Chief Financial Officer
Signature: Daniel D. Malzahn
Issuer symbol: NVR
Transactions as of: 01 Nov 2022
Net transactions value: -$2,916,137
Form type: 4
Filing time: 03 Nov 2022, 12:14:27 UTC
Previous filing: 31 Oct 2022
Next filing: 14 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NVR	NVR, Inc. common stock	Options Exercise	$2,039,480	+2,000	+35%	$1019.74^*	7,720	01 Nov 2022	Direct
transaction	NVR	NVR, Inc. common stock	Sale	$4,955,617	-1,166	-15%	$4250.10	6,554	01 Nov 2022	Direct
holding	NVR	NVR, Inc. common stock						1,030	01 Nov 2022	By ESOP Trust
holding	NVR	NVR, Inc. common stock						369	01 Nov 2022	By Profit Sharing Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NVR	Employee stock option (right to buy)	Options Exercise	$0	-2,000	-45%	$0.000000	2,444	01 Nov 2022	Common stock	2,000	$1019.74	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock options granted under the 2010 Equity Incentive Plan vest in 25% increments on 12/31/15, 12/31/16, 12/31/17 and 12/31/18.