0001209191-17-023094.txt : 20170328 0001209191-17-023094.hdr.sgml : 20170328 20170328131007 ACCESSION NUMBER: 0001209191-17-023094 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170327 FILED AS OF DATE: 20170328 DATE AS OF CHANGE: 20170328 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NVR INC CENTRAL INDEX KEY: 0000906163 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 541394360 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11700 PLAZA AMERICA DR. STREET 2: SUITE 500 CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 7039564000 MAIL ADDRESS: STREET 1: 11700 PLAZA AMERICA DR. STREET 2: SUITE 500 CITY: RESTON STATE: VA ZIP: 20190 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FESTA ALFRED E CENTRAL INDEX KEY: 0001270744 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12378 FILM NUMBER: 17718218 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-03-27 0 0000906163 NVR INC NVR 0001270744 FESTA ALFRED E 11700 PLAZA AMERICA DR. SUITE 500 RESTON VA 20190 1 0 0 0 Stock option (right to buy) 1094.22 2017-03-27 4 A 0 1300 0.00 A 2024-05-13 Common stock 1300 1300 D Stock 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. Stock options were granted on May 14, 2014 under the NVR, Inc. 2014 Equity Incentive Plan and are subject to the achievement of a performance metric based on the Company's return on capital performance during the three-year period from 2014 through 2016. Effective March 27, 2017, it was determined by the Compensation Committee of the Board of Directors that the Company had achieved the required return on capital performance metric for the three-year performance period. Vesting for these stock options is now solely contingent upon the director's continued service. Eugene J. Bredow, Attorney-in-fact for Alfred E. Festa 2017-03-28