JOHNSON MANUEL H 4
4 · NVR INC · Filed May 14, 2018
Insider Transaction Report
Form 4
NVR INCNVR
JOHNSON MANUEL H
Director
Transactions
- Award
Stock option (right to buy)
2018-05-10+500→ 500 totalExercise: $3022.99Exp: 2028-05-09→ Common stock (500 underlying)
Footnotes (2)
- [F1]Stock options granted under the NVR, Inc. 2018 Equity Incentive Plan vest in 25% increments on 12/31/20, 12/31/21, 12/31/22 and 12/31/23.
- [F2]Time-based stock options granted under the NVR, Inc. 2018 Equity Incentive Plan. The director also received performance-based options for an equal number of shares. The performance-based options will vest on the same terms as the time-based options, subject to an additional requirement that vesting of the options is based on the Company's return on capital performance during 2018 through 2020.