1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Employee stock option (right to buy)
|
Â
(1)
|
01/02/2018 |
common stock
|
1,500
|
$
515.05
|
D
|
Â
|
Employee stock option (right to buy)
|
Â
(2)
|
11/30/2018 |
common stock
|
4,000
|
$
434.25
|
D
|
Â
|
Employee stock option (right to buy)
|
Â
(3)
|
04/30/2019 |
common stock
|
5,000
|
$
505.37
|
D
|
Â
|
Employee stock option (right to buy)
|
Â
(4)
|
05/10/2020 |
common stock
|
8,822
|
$
703
|
D
|
Â
|
Employee stock option (right to buy)
|
Â
(4)
|
02/28/2021 |
common stock
|
4,000
|
$
727.86
|
D
|
Â
|
Employee stock option (right to buy)
|
Â
(5)
|
05/13/2024 |
common stock
|
9,000
(6)
|
$
1,094.22
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Options granted under the 2000 Broadly-Based Stock Option Plan vested 100% on 12/31/10. |
(2) |
Options granted under the 2000 Broadly-Based Stock Option Plan vested in 25% increments on 12/31/11, 12/31/12, 12/31/13 and 12/31/14. |
(3) |
Options granted under the 1998 Management Long-Term Stock Option Plan vested in 33% increments on 12/31/11, 12/31/12 and 12/31/13. |
(4) |
Options granted under the 2010 Equity Incentive Plan vested in 50% increments on 12/31/13 and 12/31/14. |
(5) |
Options granted under the 2010 Equity Incentive Plan vest in 25% increments on 12/31/16, 12/31/17, 12/31/18 and 12/31/19. |
(6) |
Time-based stock options granted under the 2010 Equity Incentive Plan. Mr. Martchek also received performance-based options under the NVR, Inc. 2014 Equity Incentive Plan 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 2014 to 2016. |