X0306 4 2013-03-26 0000740260 VENTAS INC VTR 0001215188 CAFARO DEBRA A 353 N. CLARK STREET, SUITE 3300 CHICAGO, IL 60654 1 1 0 0 Chairman and CEO Common Stock 2013-03-26 4 S 0 52900 72.0337 D 505934 D Common Stock 2013-03-27 4 S 0 13000 72.014 D 492934 D Common Stock 5000 I By Trust On March 4, 2013, 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 in Table I. These shares were sold pursuant to a written non-discretionary 10b5-1(c) sales plan dated June 29, 2012 entered into by the Reporting Person. 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 $72.00 to $72.1833, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of 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 (2). 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 $72.00 to $72.062, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of 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 (3). Reporting Person disclaims beneficial ownership of these 5,000 shares except to the extent of the Reporting Person's pecuniary interest in the shares. As of March 27, 2013, Reporting Person also owns directly and indirectly by trust options to purchase 1,237,128 shares of Issuer's common stock. Debra A. Cafaro, By: T. Richard Riney, Attorney-In-Fact 2013-03-28