Ventas, Inc. — Director's Dealing 2016

Mar 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VENTAS INC (VTR)
CIK: 0000740260
Period of Report: 2016-03-04

Reporting Person: Liebbe Gregory R (SVP, Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-04	Common Stock	A	1140	—	Acquired	6528.578	Direct
2016-03-06	Common Stock	F	88	$56.75	Disposed	6440.578	Direct
2016-03-07	Common Stock	F	85	$57.23	Disposed	6355.578	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-04	Stock Option (Right to Buy)	$56.75	A	6953	Acquired	2026-03-04	Common Stock (6953.0)	Direct

Footnotes

F1: Restricted stock granted by Issuer pursuant to the Ventas, Inc. 2012 Incentive Plan (the "Plan"). This restricted stock vests in three equal annual installments beginning on the first anniversary of the date of the grant.

F2: Represents shares withheld to pay the taxes on the vesting of restricted stock granted on March 6, 2015 under the Plan.

F3: Represents shares withheld to pay the taxes on the vesting of restricted stock granted on March 7, 2014 under the Plan.

F4: Stock options granted by Issuer pursuant to the Plan.

F5: These options vest in three equal annual installments beginning on the first anniversary of the date of the grant.