Daniel D. Malzahn - 27 Apr 2023 Form 4 Insider Report for NVR INC (NVR)

Role: Chief Financial Officer
Signature: Daniel D. Malzahn
Issuer symbol: NVR
Transactions as of: 27 Apr 2023
Transactions value $: -$6,319,060
Form type: 4
Filing time: 01 May 2023, 15:27:03 UTC
Previous filing: 01 Mar 2023
Next filing: 16 May 2023
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	$3.28M	+3K	+43%	$1,094.22^*	9.98K	27 Apr 2023	Direct
transaction	NVR	NVR, Inc. common stock	Sale	-$9.6M	-1.67K	-16.71%	$5,759.88	8.31K	27 Apr 2023	Direct
holding	NVR	NVR, Inc. common stock						1.03K	27 Apr 2023	By ESOP Trust
holding	NVR	NVR, Inc. common stock						371	27 Apr 2023	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	-3K	-12.93%	$0.00	20.2K	27 Apr 2023	Common stock	3K	$1,094.22	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 2014 Equity Incentive Plan vest in 25% increments on 12/31/16, 12/31/17, 12/31/18 and 12/31/19.