Javier Rodriguez - Dec 14, 2023 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
Dec 14, 2023
Transactions value $
-$8,999,514
Form type
4
Date filed
12/18/2023, 06:44 PM
Previous filing
May 17, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVA Common Stock Options Exercise $33.9M +500K +150.02% $67.80 833K Dec 14, 2023 Direct
transaction DVA Common Stock Disposed to Issuer -$33.9M -312K -37.39% $108.80 522K Dec 14, 2023 Direct F1
transaction DVA Common Stock Tax liability -$9M -82.7K -15.85% $108.80 439K Dec 14, 2023 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 -500K -20% $0.00 2M Dec 14, 2023 Common Stock 500K $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 The Stock Appreciation Rights were granted on November 4, 2019, which vested 50% each on November 4, 2022 and November 4, 2023.