X0202 4 2007-01-14 0000740260 VENTAS INC VTR 0001042563 THEOBALD THOMAS C 227 WEST MONROE, STE. 3500 CHICAGO IL 60606 1 0 0 0 Common Stock 2007-01-14 4 A 0 35.203 42.61 A 16328.027 D Common Stock 2000 I By Trust Common Stock in the form of Units granted under the Non-Employee Director Deferred Stock Compensation Plan (the "Plan") in lieu of Director 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 40.235 Units acquired on January 12, 2007, under the Ventas Nonemployee Director Deferred Stock Compensation Plan as a result of dividend equivalents credited with respect to the dividend paid on Issuer's Common Stock on January 12, 2007. As of January 14, 2007, Reporting Person also owns options to purchase 30,000 shares of Issuer's common stock. Thomas C. Theobald, By: T. Richard Riney, Attorney-In-Fact 2007-01-16