4//SEC Filing
NVR INC 4
Accession 0001209191-17-023098
$NVRCIK 0000906163operating
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 1:15 PM ET
Size
5.9 KB
Accession
0001209191-17-023098
Insider Transaction Report
Form 4
NVR INCNVR
JOHNSON MANUEL H
Director
Transactions
- Award
Stock option (right to buy)
2017-03-27+1,300→ 1,300 totalExercise: $1094.22Exp: 2024-05-13→ Common stock (1,300 underlying)
Footnotes (2)
- [F1]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.
- [F2]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.
Documents
Issuer
NVR INC
CIK 0000906163
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0000906163
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 1:15 PM ET
- Size
- 5.9 KB