Javier Rodriguez - Aug 20, 2024 Form 4 Insider Report for DAVITA INC. (DVA)

Role
Chief Executive Officer, Director
Signature
/s/ Stephanie Berberich, Attorney-in-Fact
Stock symbol
DVA
Transactions as of
Aug 20, 2024
Transactions value $
-$27,684,024
Form type
4
Date filed
8/22/2024, 05:38 PM
Previous filing
May 9, 2024
Next filing
Aug 28, 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 +106.54% $67.80 1.45M Aug 20, 2024 Direct
transaction DVA Common Stock Disposed to Issuer -$50.9M -334K -22.98% $152.17 1.12M Aug 20, 2024 Direct F1
transaction DVA Common Stock Tax liability -$27.7M -182K -16.25% $152.17 938K Aug 20, 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 -100% $0.00 0 Aug 20, 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.