DAVITA INC. — Director's Dealing 2016

Feb 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA HEALTHCARE PARTNERS INC. (DVA)
CIK: 0000927066
Period of Report: 2016-02-23

Reporting Person: ZUMWALT LEANNE M (Grp VP, Purch & Public Affairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-23	Common Stock	M	44000	$43.35	Acquired	53068	Direct
2016-02-23	Common Stock	F	29413	$64.85	Disposed	23655	Direct
2016-02-23	Common Stock	S	14587	$64.2535	Disposed	9068	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-23	Stock Appreciation Rights	$43.35	M	44000	Disposed	2016-04-13	Common Stock (44000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	807	Indirect

Footnotes

F1: Includes 64 shares acquired under Issuer's employee stock purchase plan on 12/31/2015 and 94 shares acquired through Issuer's 401(k) Retirement Plan.

F2: Represents the weighted average sale price of $64.2535. The range of prices for the sale of these shares was $64.25-$64.31 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 sold at each separate price.

F3: The Stock Appreciation Rights were granted on 4/13/2011; 50% vested on 4/13/2014, and the remaining 50% vested on 4/13/2015.