Ventas, Inc. — Director's Dealing 2010

Mar 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VENTAS INC (VTR)
CIK: 0000740260
Period of Report: 2010-02-26

Reporting Person: Doman Timothy A (SVP-Asset Management)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-26	Common Stock	A	3035	—	Acquired	11060.369	Direct
2010-02-26	Common Stock	F	298	$44.19	Disposed	10762.369	Direct
2010-02-27	Common Stock	F	586	$44.19	Disposed	10191.73	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-26	Stock Option (Right to Buy)	$44.19	A	6078	Acquired	2020-02-26	Common Stock (6078)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3417	Indirect

Footnotes

F1: Restricted stock granted by Issuer pursuant to the Ventas, Inc. 2006 Incentive Plan (the "Plan"). These shares vest in three equal annual installments beginning on the date of grant.

F2: Represents shares withheld to pay the taxes on the vesting of restricted stock granted on February 26, 2010 under the Plan.

F3: Represents shares withheld to pay the taxes on the vesting of restricted stock granted on February 27, 2009 under the Plan.

F4: Includes 15.361 shares acquired between January 26, 2010 and March 1, 2010 under the Ventas Employee and Director Stock Purchase Plan.

F5: Reporting Person disclaims beneficial ownership of these 3,417 shares except to the extent of the Reporting Person's pecuniary interest in the shares.

F6: Stock options granted by Issuer pursuant to the Plan.

F7: These options vest in three equal annual installments beginning on the date of grant.

F8: Represents total number of unexercised stock options held directly by the Reporting Person as of February 27, 2010. Reporting Person also owns a total of 13,355 unexercised stock options indirectly by trust.