DAVITA INC. — Director's Dealing 2017

Dec 12, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAVITA INC. (DVA)
CIK: 0000927066
Period of Report: 2017-12-07

Reporting Person: HILGER JAMES K (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-07	Common Stock	M	28000	$55.34	Acquired	47649	Direct
2017-12-07	Common Stock	F	22392	$69.20	Disposed	25257	Direct
2017-12-07	Common Stock	S	5608	$69.4555	Disposed	19649	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-07	Stock Appreciation Rights	$55.34	M	28000	Disposed	2017-12-18	Common Stock (28000.0)	Direct

Footnotes

F1: Represents the weighted average sale price of $69.4555. The range of prices for the sale of these shares was $68.9501 - $69.8300 rounded to the nearest ten-thousandths. 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.