Javier Rodriguez - Feb 26, 2024 Form 4 Insider Report for DAVITA INC. (DVA)

Role
Chief Executive Officer, Director
Signature
/s/ Stephanie N. Berberich, Attorney-in-Fact
Stock symbol
DVA
Transactions as of
Feb 26, 2024
Transactions value $
-$21,936,082
Form type
4
Date filed
2/28/2024, 05:51 PM
Previous filing
Dec 18, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVA Common Stock Options Exercise $30.5M +450K +102.51% $67.80 889K Feb 26, 2024 Direct
transaction DVA Common Stock Disposed to Issuer -$30.5M -244K -27.4% $125.26 645K Feb 26, 2024 Direct F1
transaction DVA Common Stock Tax liability -$11.2M -89.1K -13.81% $125.26 556K Feb 26, 2024 Direct F2
transaction DVA Common Stock Sale -$8.53M -67.6K -12.15% $126.11 489K Feb 26, 2024 Direct F3
transaction DVA Common Stock Sale -$938K -7.4K -1.51% $126.87 481K Feb 27, 2024 Direct
transaction DVA Common Stock Options Exercise $3.39M +50K +10.39% $67.80 531K Feb 28, 2024 Direct
transaction DVA Common Stock Disposed to Issuer -$3.39M -26.6K -5% $127.60 505K Feb 28, 2024 Direct F1
transaction DVA Common Stock Tax liability -$1.31M -10.3K -2.03% $127.60 494K Feb 28, 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 -450K -22.5% $0.00 1.55M Feb 26, 2024 Common Stock 450K $67.80 Direct F4
transaction DVA Stock Appreciation Rights Options Exercise $0 -50K -3.23% $0.00 1.5M Feb 28, 2024 Common Stock 50K $67.80 Direct F4
* 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 Represents the weighted average sale price of $126.1058. The range of prices for the sale of these shares was $125.90- $126.76 rounded to the nearest tenth. 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.
F4 This award was approved by the Compensation Committee of DaVita's Board of Directors on November 4, 2019, subject to stockholder approval to amend its 2011 Incentive Award Plan ("Plan Amendment"). DaVita's stockholder's approved the Plan Amendment on January 23, 2020. This award vested 50% each on November 4, 2022 and November 4, 2023.