DAVITA INC. — Director's Dealing 2011

Sep 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA INC (DVA)
CIK: 0000927066
Period of Report: 2011-09-07

Reporting Person: Mildenberger Laura (Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-07	Common Stock	M	5376	$56.38	Acquired	8744	Direct
2011-09-07	Common Stock	F	4208	$72.04	Disposed	4536	Direct
2011-09-07	Common Stock	S	1168	$73.0184	Disposed	3368	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-07	Stock Appreciation Right	$56.38	M	5376	Disposed	2011-10-11	Common Stock (5376)	Direct

Footnotes

F1: The range of prices for the sale of these shares was $73.00 - $73.03. The filer undertakes to provide staff, the issuer, or a security holder full information regarding the number of shares sold at each separate price.

F2: Stock Appreciation Right, pursuant to the DaVita Inc. 2002 Equity Compensation Plan (as amended and restated, the "DaVita Inc. 2011 Incentive Award Plan", effective June 6, 2011), which vested 75% on the third anniversary of the grant date and 25% on the fourth anniversary of the grant date.