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: Dreixler Julie M. (SVP-Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-26	Common Stock	A	1793	—	Acquired	5441.544	Direct
2010-02-26	Common Stock	F	176	$44.19	Disposed	5265.544	Direct
2010-02-27	Common Stock	F	388	$44.19	Disposed	5089.841	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	3592	Acquired	2020-02-26	Common Stock (3592)	Direct

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 50.371 shares acquired between March 31, 2009 and December 30, 2009 under the Ventas, Inc. Distribution Reinvestment and Stock Purchase Plan.

F5: Includes 161.926 shares acquired between March 3, 2009 and March 1, 2010 under the Ventas Employee and Director Stock Purchase Plan.

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 by the Reporting Person as of February 27, 2010.