DAVITA INC. — Director's Dealing 2011

May 19, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA INC (DVA)
CIK: 0000927066
Period of Report: 2011-05-17

Reporting Person: Nissenson Allen (Chief Medical Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-17	Common Stock	M	4866	$56.14	Acquired	5791	Direct
2011-05-17	Common Stock	F	3200	$85.39	Disposed	2591	Direct
2011-05-17	Common Stock	S	1666	$86	Disposed	925	Direct
2011-05-17	Common Stock	M	1867	$46.26	Acquired	2792	Direct
2011-05-17	Common Stock	F	1012	$85.39	Disposed	1780	Direct
2011-05-17	Common Stock	S	855	$86.00	Disposed	925	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-17	Stock Appreciation Right	$56.14	M	4866	Disposed	2013-08-01	Common Stock (4866)	Direct
2011-05-17	Stock Appreciation Right	$46.26	M	1867	Disposed	2014-03-02	Common Stock (1867)	Direct

Footnotes

F1: Stock Appreciation Right, pursuant to the 2002 Equity Compensation Plan, which vest 25% on the first anniversary of the grant date, 8.33% on the 20th month following the grant date, and 8.33% every 4 months thereafter.