Ventas, Inc. — Director's Dealing 2012

Jan 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VENTAS INC (VTR)
CIK: 0000740260
Period of Report: 2012-01-20

Reporting Person: RINEY T RICHARD (EVP, Chief Admin. Off., GC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-20	Common Stock	F	2295	$56.42	Disposed	246699	Direct
2012-01-20	Common Stock	F	2140	$56.42	Disposed	244559	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1300	Indirect

Footnotes

F1: Represents shares withheld to pay the taxes on the vesting of restricted stock granted on January 20, 2010 under the Ventas, Inc. 2006 Incentive Plan (the "Plan").

F2: Represents shares withheld to pay the taxes on the vesting of restricted stock granted on January 20, 2011 under the Plan.

F3: As of January 20, 2012, Reporting Person also owns options to purchase 217,758 shares of Issuer's common stock.