X0306 4 2012-12-12 0000740260 VENTAS INC VTR 0000939563 GEARY RONALD G 2700 GAST BLVD. LOUISVILLE KY 40205 1 0 0 0 Common Stock 2012-12-12 4 M 0 5000 52.48 A 23164.697 D Common Stock 2012-12-12 4 M 0 2500 55.13 A 25664.697 D Common Stock 2012-12-12 4 S 0 7500 64.2676 D 18164.697 D Stock Option (Right to Buy) 52.48 2012-12-12 4 M 0 5000 0 D 2011-01-01 2021-01-01 Common Stock 5000 5000 D Stock Option (Right to Buy) 55.13 2012-12-12 4 M 0 2500 0 D 2012-01-01 2022-01-01 Common Stock 2500 2500 D On December 12, 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 I. 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 $64.2649 to $64.31, 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). These options were part of a previously reported grant of 5,000 on January 1, 2011, by the Issuer to the Reporting Person that vested in two equal installments beginning on January 1, 2011. These options were part of a previously reported grant of 5,000 on January 1, 2012, by the Issuer to the Reporting Person that vested or will vest in two equal installments beginning on January 1, 2012. Represents total number of unexercised stock options held by the Reporting Person as of December 12, 2012. Ronald G. Geary, By: T. Richard Riney, Attorney-In-Fact 2012-12-14