DAVITA INC. — Director's Dealing 2016

May 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA HEALTHCARE PARTNERS INC. (DVA)
CIK: 0000927066
Period of Report: 2016-05-10

Reporting Person: Kogod Dennis (Pres, HCP & CEO, DVA Int.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-10	Common Stock	M	56250	$55.34	Acquired	92716	Direct
2016-05-10	Common Stock	F	40938	$76.04	Disposed	51778	Direct
2016-05-10	Common Stock	S	15312	$76.25	Disposed	36466	Direct
2016-05-10	Common Stock	M	110000	$58.94	Acquired	146466	Direct
2016-05-10	Common Stock	F	85264	$76.04	Disposed	61202	Direct
2016-05-10	Common Stock	S	24736	$76.25	Disposed	36466	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-10	Stock Appreciation Rights	$55.34	M	56250	Disposed	2017-12-18	Common Stock (56250)	Direct
2016-05-10	Stock Appreciation Rights	$58.94	M	110000	Disposed	2018-03-19	Common Stock (110000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	84350	Indirect

Footnotes

F1: 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.

F2: The Stock Appreciation Rights were granted on 3/19/2013. 50% vested on 3/19/2016 and the remaining 50% will vest on 3/19/2017.