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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
 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*
LEWIS RAYMOND J
(Last) (First) (Middle)
111 SOUTH WACKER DRIVE, SUITE 4800
(Street)
CHICAGO IL 60606
(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)
President
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2010
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)
Code V Amount (A) or (D) Price
Common Stock 11/11/2010 M 31,658 A $43.26 164,567 D
Common Stock 11/11/2010 M 82,140 A $41.54 246,707 D
Common Stock 11/11/2010 S(1) 2,035 D $54.1 244,672 D
Common Stock 11/11/2010 S(1) 2,000 D $54.105 242,672 D
Common Stock 11/11/2010 S(1) 500 D $54.11 242,172 D
Common Stock 11/11/2010 S(1) 400 D $54.115 241,772 D
Common Stock 11/11/2010 S(1) 1,382 D $54.12 240,390 D
Common Stock 11/11/2010 S(1) 100 D $54.121 240,290 D
Common Stock 11/11/2010 S(1) 2,583 D $54.13 237,707 D
Common Stock 11/11/2010 S(1) 3,100 D $54.14 234,607 D
Common Stock 11/11/2010 S(1) 200 D $54.15 234,407 D
Common Stock 11/11/2010 S(1) 1,200 D $54.155 233,207 D
Common Stock 11/11/2010 S(1) 200 D $54.16 233,007 D
Common Stock 11/11/2010 S(1) 1,300 D $54.17 231,707 D
Common Stock 11/11/2010 S(1) 600 D $54.18 231,107 D
Common Stock 11/11/2010 S(1) 900 D $54.185 230,207 D
Common Stock 11/11/2010 S(1) 3,300 D $54.21 226,907 D
Common Stock 11/11/2010 S(1) 1,000 D $54.22 225,907 D
Common Stock 11/11/2010 S(1) 700 D $54.23 225,207 D
Common Stock 11/11/2010 S(1) 4,400 D $54.24 220,807 D
Common Stock 11/11/2010 S(1) 15,600 D $54.245 205,207 D
Common Stock 11/11/2010 S(1) 1,300 D $54.25 203,907 D
Common Stock 11/11/2010 S(1) 401 D $54.27 203,506 D
Common Stock 11/11/2010 S(1) 1,300 D $54.28 202,206 D
Common Stock 11/11/2010 S(1) 1,300 D $54.29 200,906 D
Common Stock 11/11/2010 S(1) 12,200 D $54.295 188,706 D
Common Stock 11/11/2010 S(1) 1,000 D $54.3 187,706 D
Common Stock 11/11/2010 S(1) 100 D $54.305 187,606 D
Common Stock 11/11/2010 S(1) 2,100 D $54.31 185,506 D
Common Stock(2) 11/11/2010 S(1) 26,600 D $54.315 158,906 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $43.26 11/11/2010 M 31,658 01/17/2007(3) 01/17/2017 Common Stock 31,658 $0 165,945 D
Stock Option (Right to Buy) $41.54 11/11/2010 M 82,140 01/22/2008(4) 01/22/2018 Common Stock 82,140 $0 83,805(5) D
Explanation of Responses:
1. On November 11, 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. Please see the Reporting Person's subsequent Form 4 filing dated the date hereof which contains additional transactions which are part of one aggregate direction.
3. These options were part of a previously reported grant of 31,658 on January 17, 2007, by the Issuer to the Reporting Person that vested in three equal installments on January 17, 2007, January 17, 2008 and January 17, 2009.
4. These options were part of a previously reported grant of 82,140 on January 22, 2008, by the Issuer to the Reporting Person that vested in three equal installments on January 22, 2008, January 22, 2009 and January 22, 2010.
5. Represents total number of unexercised stock options held by the Reporting Person as of November 11, 2010.
Remarks:
Raymond J. Lewis, By: T. Richard Riney, Attorney-In-Fact 11/15/2010
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.