Ventas, Inc. — Director's Dealing 2014

Jan 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VENTAS INC (VTR)
CIK: 0000740260
Period of Report: 2014-01-23

Reporting Person: CAFARO DEBRA A (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-23	Common Stock	F	9869	$61.47	Disposed	472478	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5000	Indirect

Footnotes

F1: Represents shares withheld to pay the taxes on the vesting of restricted stock granted on January 23, 2013 under the Ventas, Inc. 2012 Incentive Plan.

F2: Reporting Person disclaims beneficial ownership of these 5,000 shares except to the extent of the Reporting Person's pecuniary interest in the shares.

F3: As of January 23, 2014, Reporting Person also owns directly and indirectly by trust options to purchase 1,237,128 shares of Issuer's common stock.