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LTC PROPERTIES INC Director's Dealing 2010

Mar 3, 2010

31826_dirs_2010-03-03_069b1a56-1d3c-41ce-b27b-d63f395d78b1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LTC PROPERTIES INC (LTC)
CIK: 0000887905
Period of Report: 2010-03-01

Reporting Person: SHELLEY-KESSLER PAMELA (SVP, CFO & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-01	Common Stock	A	4056	$26.53	Acquired	40783	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect
Preferred Series F Stock	2250	Indirect
Common Stock	1135	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$23.79	2017-05-15	Common Stock (10000)	10000	Direct

Footnotes

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

F2: Restricted stock grant. Shares vest equally over three years based on the reporting person's continued employment at each vesting date.