Ventas, Inc. — Director's Dealing 2011

Mar 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VENTAS INC (VTR)
CIK: 0000740260
Period of Report: 2011-02-25

Reporting Person: Kurzydym Joseph G. (SVP-Medical Prop. Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-25	Common Stock	A	2468	—	Acquired	44125	Direct
2011-02-25	Common Stock	F	258	$57.19	Disposed	43867	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-25	Stock Option (Right to Buy)	$57.19	A	4920	Acquired	2021-02-25	Common Stock (4920)	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 25, 2011 under the Plan.

F3: Stock options granted by Issuer pursuant to the Plan.

F4: These options vest in three equal annual installments beginning on the date of grant.

F5: Represents total number of unexercised stock options held by the Reporting Person as of February 25, 2011.