LTC PROPERTIES INC — Director's Dealing 2011

Dec 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LTC PROPERTIES INC (LTC)
CIK: 0000887905
Period of Report: 2011-12-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-09	Common Stock	S	1795	$29.42	Disposed	67957	Direct
2011-12-09	Common Stock	S	635	$29.45	Disposed	67322	Direct
2011-12-09	Common Stock	S	200	$29.46	Disposed	67122	Direct
2011-12-09	Common Stock	S	300	$29.47	Disposed	66822	Direct
2011-12-09	Common Stock	S	100	$29.48	Disposed	66722	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect

Holdings (Derivative)

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