Ventas, Inc. — Director's Dealing 2017

Feb 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VENTAS INC (VTR)
CIK: 0000740260
Period of Report: 2017-02-24

Reporting Person: PASQUALE DOUGLAS M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-24	Common Stock	M	5000	$40.91	Acquired	109022	Direct
2017-02-24	Common Stock	S	5000	$62.90	Disposed	104022	Direct
2017-02-27	Common Stock	M	10000	$40.91	Acquired	114022	Direct
2017-02-27	Common Stock	S	10000	$65.4479	Disposed	104022	Direct
2017-02-28	Common Stock	M	3762	$40.91	Acquired	107784	Direct
2017-02-28	Common Stock	S	3762	$65.60	Disposed	104022	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-24	Stock Option (Right to Buy)	$40.91	M	5000	Acquired	2021-02-15	Common Stock (5000.0)	Direct
2017-02-27	Stock Option (Right to Buy)	$40.91	M	10000	Acquired	2021-02-15	Common Stock (10000.0)	Direct
2017-02-28	Stock Option (Right to Buy)	$40.91	M	3762	Acquired	2021-02-15	Common Stock (3762.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4326	Indirect

Footnotes

F1: On February 24, 2017, the Reporting Person transmitted to the Securities and Exchange Commission a Form 144 covering the sale of the Issuer's common stock reported in Table I.

F2: 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 $65.30 to $65.70, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2).

F3: These options were part of a previously reported grant by the Issuer to the Reporting Person that became fully vested on December 31, 2011.