DAVITA INC. — Director's Dealing 2012

Sep 19, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA INC (DVA)
CIK: 0000927066
Period of Report: 2012-09-18

Reporting Person: Arway Pamela M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-18	Common Stock	M	7500	$45.55	Acquired	10937	Direct
2012-09-18	Common Stock	F	3428	$99.68	Disposed	7509	Direct
2012-09-18	Common Stock	S	4072	$99.3471	Disposed	3437	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-18	Stock Appreciation Right	$45.55	M	7500	Disposed	2014-05-27	Common Stock (7500)	Direct

Footnotes

F1: The range of prices for the sale of these shares was $99.32 - $99.35. 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 vested 25% on the first four anniversaries of the grant date.