X0202 4 2006-03-31 0000740260 VENTAS INC VTR 0001042563 THEOBALD THOMAS C 227 WEST MONROE, STE. 3500 CHICAGO IL 60606 1 0 0 0 Common Stock 2006-03-31 4 A 0 226.04 33.18 A 13217.455 D Common Stock 2000 I By Trust Common Stock in the form of Units granted under the Non-Employee Director Deferred Stock Compensation Plan ("Plan") in lieu of Director committee meeting fees pursuant to the Director's deferral election. Such Units are payable solely in Common Stock and subject to the terms and conditions of the Director's deferral election and the Plan. Includes 30.616 Units acquired on March 30, 2006 under the Ventas Nonemployee Director Deferred Stock Compensation Plan as a result of dividend equivalents credited with respect to dividend paid on March 30, 2006. Reporting Person disclaims beneficial ownership of these 2,000 shares except to the extent of the Reporting Person's pecuniary interest in the shares. As of March 31, 2006, Reporting Person also owns options to purchase 25,000 shares of Issuer's common stock. Thomas C. Theobald, By: T. Richard Riney, Attorney-In-Fact 2006-04-04