DAVITA INC. — Director's Dealing 2011

Jun 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA INC (DVA)
CIK: 0000927066
Period of Report: 2011-06-14

Reporting Person: HILGER JAMES K (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-14	Common Stock	M	10000	$52.12	Acquired	16925	Direct
2011-06-14	Common Stock	F	6266	$83.19	Disposed	10659	Direct
2011-06-14	Common Stock	S	3734	$83.6402	Disposed	6925	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-14	Stock Appreciation Right	$52.12	M	10000	Disposed	2012-03-14	Common Stock (10000)	Direct

Footnotes

F1: The range of prices for the sale of these shares was $83.51 - $83.74. 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 vest 50% on the 36th month, 12.5% at the 45th month and 12.5% every 3 months thereafter from the grant date.