X0303 4 2008-12-08 0000740260 VENTAS INC VTR 0001042563 THEOBALD THOMAS C 8 SOUND SHORE DRIVE, SUITE 285 GREENWICH CT 06830 1 0 0 0 Common Stock 2008-12-08 4 A 0 90.285 27.69 A 20926.639 D Common Stock 3000 I By Trust Common Stock 1000 I By Child Common Stock in the form of Units granted under the Ventas Nonemployee 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. Reporting Person disclaims beneficial ownership of these 3,000 shares except to the extent of the Reporting Person's pecuniary interest in the shares. Reporting Person disclaims beneficial ownership of these 1,000 shares except to the extent of the Reporting Person's pecuniary interest in the shares. As of December 8, 2008, Reporting Person also owns options to purchase 35,000 shares of Issuer's common stock. Thomas C. Theobald, By: T. Richard Riney, Attorney-In-Fact 2008-12-10