DAVITA INC. — Director's Dealing 2011

Mar 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA INC (DVA)
CIK: 0000927066
Period of Report: 2011-03-07

Reporting Person: Kogod Dennis (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-07	Common Stock	M	53165	$50.37	Acquired	90665	Direct
2011-03-07	Common Stock	F	31972	$83.76	Disposed	58693	Direct
2011-03-07	Common Stock	S	21193	$82.3637	Disposed	37500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-07	Stock Appreciation Right	$50.37	M	53165	Disposed	2013-02-28	Common Stock (53165)	Direct

Footnotes

F1: The range of prices for the sale of these shares was $82.30 - $82.59. 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 2002 Equity Compensation Plan, which vests 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 until fully vested.