Ventas, Inc. — Director's Dealing 2010

Mar 24, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VENTAS INC (VTR)
CIK: 0000740260
Period of Report: 2010-03-22

Reporting Person: Wood Brian K (SVP-Tax)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-22	Common Stock	M	5781	$21.57	Acquired	27968.857	Direct
2010-03-22	Common Stock	S	2500	$48.58	Disposed	25468.857	Direct
2010-03-22	Common Stock	S	224	$48.581	Disposed	25244.857	Direct
2010-03-22	Common Stock	S	1657	$48.59	Disposed	23587.857	Direct
2010-03-22	Common Stock	S	1400	$48.591	Disposed	22212.851	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-22	Stock Option (Right to Buy)	$21.57	M	5781	Disposed	2019-02-27	Common Stock (5781)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2527	Indirect

Footnotes

F1: On March 22, 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: Includes 24.994 shares acquired between February 24, 2010 and March 23, 2010 under the Ventas Employee and Director Stock Purchase Plan.

F3: These options were part of a previously reported grant of 8,671 on February 27, 2009 by the Issuer to the Reporting Person that vested or vest in three equal annual installments on February 27, 2009, February 27, 2010 and February 27, 2011.

F4: Represents total number of unexercised stock options held by the Reporting Person as of March 22, 2010.