DAVITA INC. — Director's Dealing 2011

Jul 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA INC (DVA)
CIK: 0000927066
Period of Report: 2011-07-14

Reporting Person: HILGER JAMES K (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-14	Common Stock	M	2500	$52.12	Acquired	9425	Direct
2011-07-14	Common Stock	F	1495	$87.19	Disposed	7930	Direct
2011-07-14	Common Stock	S	1005	$87.3521	Disposed	6925	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-14	Stock Appreciation Right	$52.12	M	2500	Disposed	2012-03-14	Common Stock (2500)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2011.

F2: The range of prices for the sale of these shares was $87.35 - $87.37. The filer undertakes to provide staff, the issuer, or a security holder full information regarding the number of shares sold at each separate price.

F3: 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 25% on the first anniversary of the grant date, 8.33% on the 20th month following the grant date, and 8.33% every four months thereafter.