Ventas, Inc. — Director's Dealing 2012

Jun 12, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VENTAS INC (VTR)
CIK: 0000740260
Period of Report: 2012-06-08

Reporting Person: GEARY RONALD G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-08	Common Stock	M	5000	$45.25	Acquired	23164.697	Direct
2012-06-08	Common Stock	M	5000	$43.74	Acquired	28164.697	Direct
2012-06-08	Common Stock	S	10000	$58.214	Disposed	18164.697	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-08	Stock Option (Right to Buy)	$45.25	M	5000	Disposed	2018-01-01	Common Stock (5000)	Direct
2012-06-08	Stock Option (Right to Buy)	$43.74	M	5000	Disposed	2020-01-01	Common Stock (5000)	Direct

Footnotes

F1: On June 8, 2012, 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. The price reported in column 4 is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $58.19 to $58.24, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).

F2: These options were a previously reported grant of 5,000 on January 1, 2008, by the Issuer to the Reporting Person that vested in two equal installments on January 1, 2008 and January 1, 2009.

F3: These options were a previously reported grant of 5,000 on January 1, 2010, by the Issuer to the Reporting Person that vested in two equal installments on January 1, 2010 and January 1, 2011.

F4: Represents total number of unexercised stock options held by the Reporting Person as of June 8, 2012.