JAMES O. HEARTY - 16 Feb 2024 Form 4 Insider Report for DAVITA INC. (DVA)

Role
Chief Compliance Officer
Signature
/s/ Stephanie N. Berberich, Attorney-in-Fact
Issuer symbol
DVA
Transactions as of
16 Feb 2024
Transactions value $
-$4,550,390
Form type
4
Filing time
20 Feb 2024, 20:37:32 UTC
Previous filing
17 May 2023
Next filing
18 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 $2.62M +50K +175.76% $52.41 78.4K 16 Feb 2024 Direct
transaction DVA Common Stock Disposed to Issuer -$2.62M -21.9K -27.87% $119.87 56.6K 16 Feb 2024 Direct F1
transaction DVA Common Stock Tax liability -$1.33M -11.1K -19.63% $119.87 45.5K 16 Feb 2024 Direct F2
transaction DVA Common Stock Options Exercise $350K +4.61K +10.13% $75.95 50.1K 16 Feb 2024 Direct
transaction DVA Common Stock Disposed to Issuer -$350K -2.92K -5.83% $119.87 47.2K 16 Feb 2024 Direct F1
transaction DVA Common Stock Tax liability -$88.6K -739 -1.57% $119.87 46.4K 16 Feb 2024 Direct F2
transaction DVA Common Stock Sale -$3.13M -26.2K -56.35% $119.64 20.3K 16 Feb 2024 Direct F3

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 -50K -100% $0.00* 0 16 Feb 2024 Common Stock 50K $52.41 Direct F4
transaction DVA Stock Appreciation Rights Options Exercise $0 -4.61K -49.99% $0.00 4.61K 16 Feb 2024 Common Stock 4.61K $75.95 Direct F5
* 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 $119.6403. The range of prices for the sale of these shares was $118.71 - $120.47 rounded to the nearest hundredths. 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 The Stock Appreciation Rights were granted on June 20, 2019, which vested 50% each on June 20, 2022 and June 20, 2023.
F5 The Stock Appreciation Rights were granted on March 15, 2020, which 50% vested on March 15, 2023 and remaining 50% are scheduled to vest on March 15, 2024.