LTC PROPERTIES INC — Director's Dealing 2010

Mar 17, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LTC PROPERTIES INC (LTC)
CIK: 0000887905
Period of Report: 2010-03-12

Reporting Person: KING EDMUND (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-12	Common Stock	S	5800	$27.1445	Disposed	40274	Direct
2010-03-15	Common Stock	F	6666	$23.79	Acquired	46940	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-15	Stock Options	$23.79	F	3333	Disposed	2015-05-15	Common Stock (3333)	Direct
2010-03-15	Stock Options	$23.79	F	3333	Disposed	2016-05-15	Common Stock (3333)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1685	Indirect
Common Stock	16522	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$23.79	2017-05-15	Common Stock (3334)	3334	Direct

Footnotes

F1: Company contribution/reinvestment of dividend held on shares held in deferred compensation trust. Individuals have no voting rights over such shares.