X0306 4 2012-07-30 0000740260 VENTAS INC VTR 0001346588 Brehl Robert J 10350 ORMSBY PARK PLACE, SUITE 300 LOUISVILLE, KY 40223 0 1 0 0 Chief Acct. Off. & Controller Common Stock 2012-07-30 4 M 0 5000 32.78 A 29121.501 D Common Stock 2012-07-30 4 M 0 7936 41.54 A 37057.501 D Common Stock 2012-07-30 4 M 0 7764 21.57 A 44821.501 D Common Stock 2012-07-30 4 S 0 20700 67.4229 D 24412.744 D Stock Option (Right to Buy) 32.78 2012-07-30 4 M 0 5000 0 D 2007-01-03 2016-01-03 Common Stock 5000 25985 D Stock Option (Right to Buy) 41.54 2012-07-30 4 M 0 7936 0 D 2008-01-22 2018-01-22 Common Stock 7936 18049 D Stock Option (Right to Buy) 21.57 2012-07-30 4 M 0 7764 0 D 2009-02-27 2019-02-27 Common Stock 7764 10285 D On July 30, 2012, 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 1. 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 $67.32 to $67.46, 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 (1). Includes 174.505 shares acquired on March 29, 2012 and June 29, 2012 under the Ventas, Inc. Distribution Reinvestment and Stock Purchase Plan. Includes 116.738 shares acquired between March 13, 2012 and July 31, 2012 under the Ventas Employee and Director Stock Purchase Plan. These options were part of a previously reported grant of 5,000 on January 3, 2006 by the Issuer to the Reporting Person that vested in three equal annual installments beginning on January 3, 2007. These options were part of a previously reported grant of 7,936 on January 22, 2008 by the Issuer to the Reporting Person that vested in three equal annual installments beginning on January 22, 2008. These options were part of a previously reported grant of 7,764 on February 27, 2009 by the Issuer to the Reporting Person that vested in three equal annual installments beginning on February 27, 2009. Represents total number of unexercised stock options held by the Reporting Person as of July 30, 2012. Robert J. Brehl, By: T. Richard Riney, Attorney-In-Fact 2012-08-01