X0304 4 2012-01-25 0000740260 VENTAS INC VTR 0001070021 PASQUALE DOUGLAS M 353 N. CLARK STREET, SUITE 3300 CHICAGO, IL 60654 1 0 0 0 Common Stock 2012-01-25 4 S 0 20000 57.5264 D 135783 D Common Stock 4326 I By IRA On January 25, 2012, the Reporting Person transmitted to the Securities and Exchange Commission (the "SEC") a Form 144 covering the sale of the Issuer's common stock reported on Table I. The price reported in column 4 is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $57.50 to $57.57, inclusive. Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1). These shares are being sold pursuant to a written non-discretionary Rule 10b5-1(c) sales plan dated November 23, 2011. As of January 25, 2012, Reporting Person also owns options to purchase 90,660 shares of Issuer's common stock. Douglas M. Pasquale, By: T. Richard Riney, Attorney-In-Fact 2012-01-26