X0303 4 2011-01-01 0000740260 VENTAS INC VTR 0001188136 SHELTON JAMES D 2800 NORTH DALLAS PARKWAY, SUITE 200 PLANO TX 75093 1 0 0 0 Common Stock 2011-01-01 4 A 0 119.093 52.48 A 6023.222 D Common Stock 2011-01-01 4 A 0 1025 0 A 7048.222 D Stock Option (Right to Buy) 52.48 2011-01-01 4 A 0 5000 0 A 2011-01-01 2021-01-01 Common Stock 5000 15000 D 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. Restricted stock granted by Issuer pursuant to the Ventas, Inc. 2006 Stock Plan for Directors (the "Stock Plan"). These shares vest in two equal annual installments beginning on the first anniversary of the date of grant. Stock options granted by Issuer pursuant to the Stock Plan. These options vest in two equal annual installments beginning on the date of grant. Represents total number of unexercised stock options owned by the Reporting Person as of January 1, 2011. James D. Shelton, By: T. Richard Riney, Attorney-In-Fact 2011-01-04