Matthew B. Kelpy - 03 May 2023 Form 4 Insider Report for NVR INC (NVR)

Role: VP, Chief Accounting Officer
Signature: Matthew B. Kelpy
Issuer symbol: NVR
Transactions as of: 03 May 2023
Net transactions value: -$604,504
Form type: 4
Filing time: 05 May 2023, 13:35:59 UTC
Previous filing: 06 Feb 2023
Next filing: 09 Aug 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	$290,246	+150	+65%	$1934.97	380	03 May 2023	Direct
transaction	NVR	NVR, Inc. common stock	Sale	$894,750	-150	-39%	$5965.00	230	03 May 2023	Direct
holding	NVR	NVR, Inc. common stock						33	03 May 2023	By Profit Sharing Trust
holding	NVR	NVR, Inc. common stock						20	03 May 2023	By ESOP 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	-150	-50%	$0.000000	150	03 May 2023	Common stock	150	$1934.97	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 12/31/19, 12/31/20, 12/31/21 and 12/31/22.