X0306 4 2017-02-06 0 0000766704 WELLTOWER INC. HCN 0001242811 DONAHUE JEFFREY H C/O WELLTOWER INC. 4500 DORR STREET TOLEDO OH 43615 1 0 0 0 Common Stock 2017-02-06 4 M 0 562 0.00 A 34417 D Common Stock 100 I SEP Deferred Stock Units 0.00 2017-02-06 4 M 0 562 0.00 D 2017-02-06 2017-02-06 Common 562 2298 D The reported transaction was a vesting of 562 deferred stock units on February 6, 2017, resulting in the issuance of 562 shares of common stock. No amount was payable in connection with the vesting or the common stock issuance. MLPF&S Cust. FPO Jeffrey H. Donahue SEP FBO Jeffrey H. Donahue. These deferred stock units were granted without cash consideration on February 6, 2014 under the Amended and Restated Welltower Inc. 2005 Long-Term Incentive Plan. Each deferred stock unit represents a right to receive one share of common stock of Welltower Inc. at the time of vesting of the unit. These deferred stock units vest in three installments, with 563 units having vested on February 6 of each of 2015 and 2016 and 562 units having vested on February 6, 2017. Includes 2,298 deferred stock units granted on February 12, 2016; with 2,298 units vesting on February 12, 2017. By: Matthew McQueen Attorney-in-Fact For: Jeffrey H. Donahue 2017-02-08