Ventas, Inc. — Director's Dealing 2020

May 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ventas, Inc. (VTR)
CIK: 0000740260
Period of Report: 2020-05-18

Reporting Person: LUSTIG MATTHEW J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-18	Common Stock	A	5424	—	Acquired	46461.101	Direct

Footnotes

F1: Restricted stock units granted by Issuer pursuant to the Ventas, Inc. 2012 Incentive Plan (the "Plan"). Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan. These restricted stock units vest in two equal annual installments on the date of the Issuer's 2021 Annual Meeting of Stockholders and the date of the Issuer's 2022 Annual Meeting of Stockholders.

F2: As of May 18, 2020, Reporting Person owns options to purchase an aggregate of 9,731 shares of Issuer's common stock.