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| DVA > SEC Filings for DVA > Form 8-K on 2-Jun-2009 | All Recent SEC Filings |
2-Jun-2009
Change in Directors or Principal Officers, Financial Statements and Exhibits
On May 27, 2009, the Board of Directors (the "Board") of DaVita Inc. (the "Company") elected Pamela M. Arway, as a member of the Board. The Board has not yet determined the committees of the Board to which Ms. Arway may be appointed. A copy of the press release announcing the election of Ms. Arway is attached hereto as Exhibit 99.1.
Pursuant to the Company's Non-Management Director Compensation Philosophy and Plan (the "Plan"), Ms. Arway will receive an initial grant of stock-settled stock appreciation rights on a base number of 15,000 shares of the common stock of the Company in connection with her election to the Board. Ms. Arway will receive the standard compensation amounts payable to non-management directors of the Company as set forth in the Plan. The foregoing description of the Plan is qualified in its entirety by reference to the Plan filed on May 8, 2008 as an exhibit to the Company's Quarterly Report on Form 10-Q for the first quarter ended March 31, 2008.
No arrangement or understanding exists between Ms. Arway and any other person or persons pursuant to which she was selected as a director. The Company has not been a participant in any transaction since the beginning of its last fiscal year, and is not a participant in any currently proposed transaction, in which Ms. Arway, or any member of her immediate family, has a direct or indirect material interest.
(d) Exhibits.
Exhibit
Number Description
99.1 Press Release of DaVita Inc. dated May 28, 2009
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