Joel Ackerman - Feb 21, 2024 Form 4 Insider Report for DAVITA INC. (DVA)

Role
CFO and Treasuer
Signature
/s/ Stephanie N. Berberich, Attorney-in-Fact
Stock symbol
DVA
Transactions as of
Feb 21, 2024
Transactions value $
-$1,836,468
Form type
4
Date filed
2/23/2024, 05:43 PM
Previous filing
Nov 7, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVA Common Stock Options Exercise $2.88M +55K +44.45% $52.41 179K Feb 21, 2024 Direct
transaction DVA Common Stock Disposed to Issuer -$2.88M -23.4K -13.11% $123.00 155K Feb 21, 2024 Direct F1
transaction DVA Common Stock Tax liability -$1.84M -14.9K -9.61% $123.00 140K Feb 21, 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 -55K -50% $0.00 55K Feb 21, 2024 Common Stock 55K $52.41 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 June 20, 2019, which vested 50% each on June 20, 2022 and June 20, 2023.