X0202 4 2005-03-16 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 2005-03-16 4 M 0 2544 11.42 A 285993 D Common Stock 2005-03-16 4 M 0 12456 11.86 A 298449 D Common Stock 2005-03-16 4 S 0 400 26.45 D 298049 D Common Stock 2005-03-16 4 S 0 1200 26.46 D 296849 D Common Stock 2005-03-16 4 S 0 1600 26.47 D 295249 D Common Stock 2005-03-16 4 S 0 7900 26.48 D 287349 D Common Stock 2005-03-16 4 S 0 800 26.49 D 286549 D Common Stock 2005-03-16 4 S 0 100 26.50 D 286449 D Common Stock 2005-03-16 4 S 0 300 26.55 D 286149 D Common Stock 2005-03-16 4 S 0 400 26.58 D 285749 D Common Stock 2005-03-16 4 S 0 1600 26.64 D 284149 D Common Stock 2005-03-16 4 S 0 700 26.65 D 283449 D Stock Option (Right to Buy) 11.42 2005-03-16 4 M 0 2544 11.42 D 2003-01-13 2013-01-13 Common Stock 2544 226685 D Stock Option (Right to Buy) 11.86 2005-03-16 4 M 0 12456 11.86 D 2002-01-02 2012-01-02 Common Stock 12456 214229 D On February 16, 2005, 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 November 22, 2004. Reporting Person also owns 1,300 shares indirectly by IRA. These options were part of a previously reported grant of 52,632 shares on January 13, 2003 by the Issuer to the Reporting Person that vested in three equal installments on January 13, 2003, January 13, 2004 and January 13, 2005. These options were part of a previously reported grant of 82,237 shares on January 2, 2002 by the Issuer to the Reporting Person that vested in three equal installments on January 2, 2002, January 2, 2003 and January 2, 2004. Represents total number of unexercised stock options held by Mr. Riney as of March 16, 2005. T. Richard Riney 2005-03-18