Ventas, Inc. — Director's Dealing 2010

Nov 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VENTAS INC (VTR)
CIK: 0000740260
Period of Report: 2010-11-09

Reporting Person: CAFARO DEBRA A (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-09	Common Stock	M	20000	$28.96	Acquired	698589	Direct
2010-11-09	Common Stock	S	13060	$55.00	Disposed	685529	Direct
2010-11-09	Common Stock	S	8017	$55.01	Disposed	677512	Direct
2010-11-09	Common Stock	S	4025	$55.02	Disposed	673487	Direct
2010-11-09	Common Stock	S	1486	$55.03	Disposed	672001	Direct
2010-11-09	Common Stock	S	1197	$55.04	Disposed	670804	Direct
2010-11-09	Common Stock	S	1600	$55.05	Disposed	669204	Direct
2010-11-09	Common Stock	S	800	$55.06	Disposed	668404	Direct
2010-11-09	Common Stock	S	1000	$55.07	Disposed	667404	Direct
2010-11-09	Common Stock	S	636	$55.08	Disposed	666768	Direct
2010-11-09	Common Stock	S	900	$55.09	Disposed	665868	Direct
2010-11-09	Common Stock	S	1100	$55.10	Disposed	664768	Direct
2010-11-09	Common Stock	S	500	$55.11	Disposed	664268	Direct
2010-11-09	Common Stock	S	3106	$55.12	Disposed	661162	Direct
2010-11-09	Common Stock	S	3294	$55.13	Disposed	657868	Direct
2010-11-09	Common Stock	S	800	$55.14	Disposed	657068	Direct
2010-11-09	Common Stock	S	1900	$55.15	Disposed	655168	Direct
2010-11-09	Common Stock	S	2100	$55.16	Disposed	653068	Direct
2010-11-09	Common Stock	S	1888	$55.17	Disposed	651180	Direct
2010-11-09	Common Stock	S	1662	$55.18	Disposed	649518	Direct
2010-11-09	Common Stock	S	1800	$55.19	Disposed	647718	Direct
2010-11-09	Common Stock	S	1200	$55.20	Disposed	646518	Direct
2010-11-09	Common Stock	S	250	$55.21	Disposed	646268	Direct
2010-11-09	Common Stock	S	500	$55.22	Disposed	645768	Direct
2010-11-09	Common Stock	S	1600	$55.23	Disposed	644168	Direct
2010-11-09	Common Stock	S	1200	$55.24	Disposed	642968	Direct
2010-11-09	Common Stock	S	1900	$55.25	Disposed	641068	Direct
2010-11-09	Common Stock	S	3900	$55.26	Disposed	637168	Direct
2010-11-09	Common Stock	S	600	$55.27	Disposed	636568	Direct
2010-11-09	Common Stock	S	1200	$55.28	Disposed	635368	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-09	Stock Option (Right to Buy)	$28.96	M	20000	Disposed	2019-01-21	Common Stock (20000)	Direct
2010-11-09	Stock Option (Right to Buy)	$28.96	M	10000	Disposed	2019-01-21	Common Stock (10000)	Indirect

Footnotes

F1: On November 9, 2010, the Reporting Person transmitted to the Securities and Exchange Commission a Form 144 covering the sale of the Issuer's common stock reported on Table I.

F2: These shares are being sold pursuant to a written non-discretionary Rule 10b5-1(c) sales plan dated March 8, 2010 entered into by the Reporting Person.

F3: Please see the Reporting Person's subsequent Form 4 filing dated the date hereof which contains additional transactions which are part of one aggregate direction under the Rule 10b5-1(c) sales plan described in Footnote (2).

F4: These options were part of a previously reported grant of 173,301 on January 21, 2009, by the Issuer to the Reporting Person that vests in three equal installments on January 21, 2009, January 21, 2010 and January 21, 2011.

F5: Represents total number of unexercised stock options held directly by the Reporting Person as of November 9, 2010.

F6: Represents total number of unexercised stock options held indirectly by the Reporting Person as of November 9, 2010.