JOEL ACKERMAN - 21 Feb 2024 Form 4 Insider Report for DAVITA INC. (DVA)

Role
CFO and Treasuer
Signature
/s/ Stephanie N. Berberich, Attorney-in-Fact
Issuer symbol
DVA
Transactions as of
21 Feb 2024
Net transactions value
-$1,836,468
Form type
4
Filing time
23 Feb 2024, 17:43:19 UTC
Previous filing
07 Nov 2023
Next filing
08 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVA Common Stock Options Exercise $2,882,550 +55,000 +44% $52.41 178,726 21 Feb 2024 Direct
transaction DVA Common Stock Disposed to Issuer $2,882,628 -23,436 -13% $123.00 155,290 21 Feb 2024 Direct F1
transaction DVA Common Stock Tax liability $1,836,390 -14,930 -9.6% $123.00 140,360 21 Feb 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DVA Stock Appreciation Rights Options Exercise $0 -55,000 -50% $0.000000 55,000 21 Feb 2024 Common Stock 55,000 $52.41 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the shares withheld in payment of the base price in connection with the exercise of Stock Appreciation Rights reported on this Form 4.
F2 Represents the shares withheld to satisfy the tax withholding obligation in connection with the exercise of Stock Appreciation Rights reported on this Form 4.
F3 The Stock Appreciation Rights were granted on June 20, 2019, which vested 50% each on June 20, 2022 and June 20, 2023.