DAVITA INC. — Director's Dealing 2014

Nov 12, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA HEALTHCARE PARTNERS INC. (DVA)
CIK: 0000927066
Period of Report: 2014-11-10

Reporting Person: THIRY KENT J (Director, Co-Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-10	Common Stock	M	390000	$31.70	Acquired	637950	Direct
2014-11-10	Common Stock	F	165969	$74.49	Disposed	471981	Direct
2014-11-10	Common Stock	S	224031	$74.3030	Disposed	247950	Direct
2014-11-11	Common Stock	M	210000	$31.70	Acquired	457950	Direct
2014-11-11	Common Stock	F	89093	$74.72	Disposed	368857	Direct
2014-11-11	Common Stock	S	120907	$74.9135	Disposed	247950	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-10	Stock Appreciation Right	$31.70	M	390000	Disposed	2015-03-31	Common Stock (390000)	Direct
2014-11-11	Stock Appreciation Right	$31.70	M	210000	Disposed	2015-03-31	Common Stock (210000)	Direct

Footnotes

F1: Represents the weighted average sale price of $74.3030. The range of prices for the sale of these shares was $74.125 - $74.55, rounded to the nearest hundredths. The reporting person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.

F2: Represents the weighted average sale price of $74.9135. The range of prices for the sale of these shares was $74.785 - $75.01, rounded to the nearest hundredths. The reporting person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.

F3: Thiry-O'Leary Living Trust, UAD 3/8/1990.