DAVITA INC. — Director's Dealing 2016

May 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA HEALTHCARE PARTNERS INC. (DVA)
CIK: 0000927066
Period of Report: 2016-05-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-23	Common Stock	M	12000	$55.34	Acquired	29147	Direct
2016-05-23	Common Stock	F	8584	$77.37	Disposed	20563	Direct
2016-05-23	Common Stock	S	3416	$76.7884	Disposed	17147	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-23	Stock Appreciation Rights	$55.34	M	12000	Disposed	2017-12-18	Common Stock (12000)	Direct

Footnotes

F1: Represents the weighted average sale price of $76.7884. The range of prices for the sale of these shares was $76.75-$77.00, rounded to the nearest hundredth. 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 sold at each separate price.

F2: The Stock Appreciation Rights were granted on 12/18/2012. 50% vested on 4/1/2015 and the remaining 50% vested on 4/1/2016.