X0202 4 2005-01-11 0000740260 VENTAS INC VTR 0001215188 CAFARO DEBRA A 10350 ORMSBY PARK PLACE, SUITE 300 LOUISVILLE, KY 40223 1 1 0 0 Chairman, President and CEO Common Stock 2005-01-11 4 S 0 1131 25.91 D 572413 D Common Stock 2005-01-12 4 S 0 2300 24.55 D 570113 D Common Stock 2005-01-12 4 S 0 100 24.56 D 570013 D Common Stock 2005-01-12 4 S 0 3100 24.64 D 566913 D Common Stock 2005-01-12 4 S 0 2700 24.65 D 564213 D Common Stock 2005-01-12 4 S 0 1000 24.69 D 563213 D Common Stock 2005-01-12 4 S 0 500 24.73 D 562713 D Common Stock 2005-01-12 4 S 0 500 24.75 D 562213 D Common Stock 2005-01-12 4 S 0 1100 24.77 D 561113 D Common Stock 2005-01-12 4 S 0 700 24.78 D 560413 D Common Stock 2005-01-12 4 S 0 700 24.79 D 559713 D Common Stock 2005-01-12 4 S 0 7700 24.80 D 552013 D Common Stock 2005-01-12 4 S 0 300 24.82 D 551713 D Common Stock 2005-01-12 4 S 0 1000 24.84 D 550713 D Common Stock 2005-01-12 4 S 0 1300 24.85 D 549413 D Common Stock 2005-01-12 4 S 0 1500 24.89 D 547913 D Common Stock 2005-01-12 4 S 0 500 24.90 D 547413 D Common Stock 2005-01-12 4 S 0 500 24.91 D 546913 D Common Stock 2005-01-12 4 S 0 900 24.92 D 546013 D Common Stock 2005-01-12 4 S 0 300 24.93 D 545713 D Common Stock 2005-01-12 4 S 0 100 24.94 D 545613 D Common Stock 2005-01-12 4 S 0 800 24.95 D 544813 D Common Stock 2005-01-12 4 S 0 1160 25.10 D 543653 D On November 9, 2004, the Reporting Person transmitted to the Securities and Exchange Commission a Form 144 covering this 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 January 31, 2004. These shares represent the sale of previously reported restricted shares granted under the 2000 Incentive Compensation Plan on January 13, 2003. On January 12, 2005, the Reporting Person transmitted to the Securities and Exchange Commission a Form 144 covering these sales of the Issuer's common stock reported on Table I. These shares are being sold pursuant to a written non-discretionary Rule 10b5-1 sales plan dated November 22, 2004. These shares represent the sale of previously reported common stock acquired through exercise on December 29, 2003 of derivative securities acquired and reported to Securities and Exchange Commission on March 5, 1999. As of January 12, 2005, Reporting Person also owns options to purchase 823,699 shares of Issuer's common stock. Debra A. Cafaro, By: T. Richard Riney, Attorney-In-Fact 2005-01-13