DAVITA INC. — Director's Dealing 2011

Nov 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA INC (DVA)
CIK: 0000927066
Period of Report: 2011-10-28

Reporting Person: Shapiro David T (Chief Compliance Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-28	Common Stock	M	5000	$42.48	Acquired	9907	Direct
2011-10-28	Common Stock	F	2050	$71.55	Disposed	7857	Direct
2011-10-28	Common Stock	S	2950	$72.02	Disposed	4907	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-28	Stock Appreciation Rights	$42.48	M	5000	Disposed	2013-03-17	Common Stock (5000)	Direct

Footnotes

F1: Stock Appreciation Right, pursuant to the 2002 Equity Compensation Plan (as amended and restated, the "DaVita Inc. 2011 Incentive Award Plan", effective June 6, 2011), which vests 25% of the first anniversary of the grant date, 8.33% on the 20th month following the grant date, and 8.33% every 4 months thereafter.