Ventas, Inc. — Director's Dealing 2011

Apr 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VENTAS INC (VTR)
CIK: 0000740260
Period of Report: 2011-04-01

Reporting Person: GELLERT JAY M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-01	Common Stock	A	572.801	$54.12	Acquired	41457.413	Direct

Footnotes

F1: Common Stock in the form of Units granted under the Ventas Nonemployee Director Deferred Stock Compensation Plan (the "Plan") in lieu of Director fees pursuant to the Director's deferral election. Such Units are payable solely in Common Stock and subject to the terms and conditions of the Director's deferral election and the Plan.

F2: Includes 131.127 Units acquired on March 31, 2011 under the Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's Common Stock paid on March 31, 2011.

F3: Includes 205.149 shares acquired on March 31, 2011 under the Ventas, Inc. Distribution Reinvestment and Stock Purchase Plan.

F4: As of April 1, 2011, Reporting Person also owns options to purchase 60,000 shares of Issuer's common stock.