DAVITA INC. — Director's Dealing 2012

Dec 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA HEALTHCARE PARTNERS INC. (DVA)
CIK: 0000927066
Period of Report: 2012-12-21

Reporting Person: HILGER JAMES K (Interim CFO, and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-21	Common Stock	M	1666	$46.26	Acquired	8591	Direct
2012-12-21	Common Stock	F	685	$112.64	Disposed	7906	Direct
2012-12-21	Common Stock	S	981	$112.20	Disposed	6925	Direct
2012-12-21	Common Stock	M	2500	$63.40	Acquired	9425	Direct
2012-12-21	Common Stock	F	1408	$112.64	Disposed	8017	Direct
2012-12-21	Common Stock	S	1092	$112.20	Disposed	6925	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-21	Stock Appreciation Right	$46.26	M	1666	Disposed	2014-03-02	Common Stock (1666)	Direct
2012-12-21	Stock Appreciation Right	$63.40	M	2500	Disposed	2015-03-31	Common Stock (2500)	Direct

Footnotes

F1: 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.

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 25% on the second anniversary of the grant date, and 8.33% every 3 months thereafter.