Jung Alexandra A 4
4 · NVR INC · Filed Dec 3, 2018
Insider Transaction Report
Form 4
NVR INCNVR
Jung Alexandra A
Director
Transactions
- Award
Stock option (right to buy)
2018-12-03+565→ 565 totalExercise: $2450.00Exp: 2028-12-02→ Common stock (565 underlying)
Footnotes (2)
- [F1]Stock options granted under the NVR, Inc. 2018 Equity Incentive Plan vest in 25% increments on 12/31/21, 12/31/22, 12/31/23 and 12/31/24.
- [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 2019 through 2021.