Javier Rodriguez - 06 Mar 2024 Form 4 Insider Report for DAVITA INC. (DVA)

Signature
/s/ Stephanie N. Berberich, Attorney-in-Fact
Issuer symbol
DVA
Transactions as of
06 Mar 2024
Transactions value $
-$21,935,192
Form type
4
Filing time
08 Mar 2024, 17:04:33 UTC
Previous filing
28 Feb 2024
Next filing
09 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVA Common Stock Options Exercise $50.9M +750K +151.67% $67.80 1.24M 06 Mar 2024 Direct
transaction DVA Common Stock Disposed to Issuer -$50.9M -378K -30.35% $134.65 867K 06 Mar 2024 Direct F1
transaction DVA Common Stock Tax liability -$21.9M -163K -18.79% $134.65 704K 06 Mar 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 -750K -50% $0.00 750K 06 Mar 2024 Common Stock 750K $67.80 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 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.