Insider Trades - BUTLER ROBERT C

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BUTLER ROBERT C: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
NVR, Inc. Common Stock Director NYSE:NVR (historical quotes, profile, SEC, other insiders)	15-May-13	961	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
15-May-13 173 NVR Acquisition (Non Open Market) at $0 per share.
28-Jan-13 160 NVR Sale at $1008.52 per share.
(Proceeds of $161,363)
27-Nov-12 868 NVR Option Exercise at $515.05 per share.
(Cost of $447,063)
27-Nov-12 868 NVR Sale at $891.68 per share.
(Proceeds of $773,978)
24-Feb-12 4,500 NVR Option Exercise at $369.75 per share.
(Cost of $1,663,875)
24-Feb-12 4,500 NVR Sale at $690 per share.
(Proceeds of $3,105,000)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
15-May-13	173	NVR	Acquisition (Non Open Market) at $0 per share.
28-Jan-13	160	NVR	Sale at $1008.52 per share. (Proceeds of $161,363)
27-Nov-12	868	NVR	Option Exercise at $515.05 per share. (Cost of $447,063)
27-Nov-12	868	NVR	Sale at $891.68 per share. (Proceeds of $773,978)
24-Feb-12	4,500	NVR	Option Exercise at $369.75 per share. (Cost of $1,663,875)
24-Feb-12	4,500	NVR	Sale at $690 per share. (Proceeds of $3,105,000)