SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

RINEY T RICHARD

(Last)

(First)

(Middle)

10350 ORMSBY PARK PLACE, SUITE 300

(Street)

LOUISVILLE,

40223

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
VENTAS INC [ VTR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Chief Admin. Off., GC

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2010

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/16/2010		M		38,924	A	$30.83	315,181	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		232	D	$46.67	314,949	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		100	D	$46.6711	314,849	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		668	D	$46.674	314,181	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		1,000	D	$46.7165	313,181	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		100	D	$46.76	313,081	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		500	D	$46.8	312,581	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		200	D	$46.81	312,381	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		200	D	$46.83	312,181	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		100	D	$46.87	312,081	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		200	D	$46.9	311,881	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		300	D	$46.92	311,581	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		100	D	$46.9602	311,481	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		100	D	$46.9612	311,381	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		300	D	$46.965	311,081	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		2,600	D	$46.97	308,481	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		2,100	D	$46.9725	306,381	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		200	D	$46.99	306,181	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		400	D	$47	305,781	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		800	D	$47.0001	304,981	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		5,000	D	$47.0018	299,981	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		100	D	$47.01	299,881	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		1,582	D	$47.0101	298,299	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		100	D	$47.0104	298,199	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		2,418	D	$47.02	295,781	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		300	D	$47.03	295,481	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		200	D	$47.04	295,281	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		200	D	$47.05	295,081	D
Common Stock	03/16/2010		S⁽¹⁾⁽²⁾		2,300	D	$47.06	292,781	D
Common Stock⁽³⁾	03/16/2010		S⁽¹⁾⁽²⁾		100	D	$47.0609	292,681	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$30.83	03/16/2010		M			38,924	01/27/2006⁽⁴⁾	01/27/2016	Common Stock	38,924	$0	156,865⁽⁵⁾	D

Explanation of Responses:

1. On March 16, 2010, 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.

2. These shares are being sold pursuant to a written non-discretionary Rule 10b5-1(c) sales plan dated December 10, 2009.

3. Please see the Reporting Person's subsequent Form 4 filings dated the date hereof which contain additional transactions which are part of one aggregate direction under the Rule 10b5-1(c) sales plan described in Footnote (2).

4. These options were part of a previously reported grant of 38,924 on January 27, 2006 by the Issuer to the Reporting Person that vested in three equal annual installments on January 27, 2006, January 27, 2007 and January 27, 2008.

5. Represents total number of unexercised stock options held by the Reporting Person as of March 16, 2010.

Remarks:

	T. Richard Riney	03/18/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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