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

Role
Chief Executive Officer, Director
Signature
/s/ Stephanie N. Berberich, Attorney-in-Fact
Issuer symbol
DVA
Transactions as of
26 Feb 2024
Net transactions value
-$21,936,082
Form type
4
Filing time
28 Feb 2024, 17:51:24 UTC
Previous filing
18 Dec 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 $30,510,000 +450,000 +103% $67.80 889,002 26 Feb 2024 Direct
transaction DVA Common Stock Disposed to Issuer $30,510,079 -243,574 -27% $125.26 645,428 26 Feb 2024 Direct F1
transaction DVA Common Stock Tax liability $11,164,173 -89,128 -14% $125.26 556,300 26 Feb 2024 Direct F2
transaction DVA Common Stock Sale $8,525,130 -67,603 -12% $126.11 488,697 26 Feb 2024 Direct F3
transaction DVA Common Stock Sale $938,467 -7,397 -1.5% $126.87 481,300 27 Feb 2024 Direct
transaction DVA Common Stock Options Exercise $3,390,000 +50,000 +10% $67.80 531,300 28 Feb 2024 Direct
transaction DVA Common Stock Disposed to Issuer $3,390,077 -26,568 -5% $127.60 504,732 28 Feb 2024 Direct F1
transaction DVA Common Stock Tax liability $1,308,155 -10,252 -2% $127.60 494,480 28 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 -450,000 -22% $0.000000 1,550,000 26 Feb 2024 Common Stock 450,000 $67.80 Direct F4
transaction DVA Stock Appreciation Rights Options Exercise $0 -50,000 -3.2% $0.000000 1,500,000 28 Feb 2024 Common Stock 50,000 $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.