X0202 4 2004-07-15 0000740260 VENTAS INC VTR 0001215185 RINEY T RICHARD 10350 ORMSBY PARK PLACE, SUITE 300 LOUISVILLE, KY 40223 0 1 0 0 Exec.V.P., General Counsel Common Stock 2004-07-15 4 M 0 10000 10.8125 A 284239 D Common Stock 2004-07-15 4 S 0 10000 24.17 D 274239 D Stock Option (Right to Buy) 10.8125 2004-07-15 4 M 0 10000 10.8125 D 1998-09-11 2008-09-11 Common Stock 10000 248179 D On May 17, 2004, the Reporting Person transmitted to the Securities and Exchange Commission a Form 144 covering the sale of the Issuer's Common Stock reported on Table I. These shares are being sold pursuant to a written non-discretionary Rule 10b5-1(c) Sales Plan dated February 2, 2004. Reporting Person also owns 1,300 shares indirectly by IRA. These options were part of a previously reported grant of 25,000 shares on September 11, 1998 by the Issuer to the Reporting Person that vested in four equal installments on September 11, 1999, September 11, 2000, September 11, 2001 and September 11, 2002. Represents total number of unexercised stock options held by Mr. Riney as of July 15, 2004. T. Richard Riney 2004-07-19