Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
LEWIS RAYMOND J
   2. Issuer Name and Ticker or Trading Symbol
VENTAS INC [VTR] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President
(Last)
(First)
(Middle)
111 SOUTH WACKER DRIVE, SUITE 4800		 3. Date of Earliest Transaction (Month/Day/Year)
11/11/2010
(Street)

CHICAGO, IL 60606		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/11/2010   M   31,658 A $ 43.26 164,567 D  
Common Stock 11/11/2010   M   82,140 A $ 41.54 246,707 D  
Common Stock 11/11/2010   S(1)   2,035 D $ 54.1 244,672 D  
Common Stock 11/11/2010   S(1)   2,000 D $ 54.105 242,672 D  
Common Stock 11/11/2010   S(1)   500 D $ 54.11 242,172 D  
Common Stock 11/11/2010   S(1)   400 D $ 54.115 241,772 D  
Common Stock 11/11/2010   S(1)   1,382 D $ 54.12 240,390 D  
Common Stock 11/11/2010   S(1)   100 D $ 54.121 240,290 D  
Common Stock 11/11/2010   S(1)   2,583 D $ 54.13 237,707 D  
Common Stock 11/11/2010   S(1)   3,100 D $ 54.14 234,607 D  
Common Stock 11/11/2010   S(1)   200 D $ 54.15 234,407 D  
Common Stock 11/11/2010   S(1)   1,200 D $ 54.155 233,207 D  
Common Stock 11/11/2010   S(1)   200 D $ 54.16 233,007 D  
Common Stock 11/11/2010   S(1)   1,300 D $ 54.17 231,707 D  
Common Stock 11/11/2010   S(1)   600 D $ 54.18 231,107 D  
Common Stock 11/11/2010   S(1)   900 D $ 54.185 230,207 D  
Common Stock 11/11/2010   S(1)   3,300 D $ 54.21 226,907 D  
Common Stock 11/11/2010   S(1)   1,000 D $ 54.22 225,907 D  
Common Stock 11/11/2010   S(1)   700 D $ 54.23 225,207 D  
Common Stock 11/11/2010   S(1)   4,400 D $ 54.24 220,807 D  
Common Stock 11/11/2010   S(1)   15,600 D $ 54.245 205,207 D  
Common Stock 11/11/2010   S(1)   1,300 D $ 54.25 203,907 D  
Common Stock 11/11/2010   S(1)   401 D $ 54.27 203,506 D  
Common Stock 11/11/2010   S(1)   1,300 D $ 54.28 202,206 D  
Common Stock 11/11/2010   S(1)   1,300 D $ 54.29 200,906 D  
Common Stock 11/11/2010   S(1)   12,200 D $ 54.295 188,706 D  
Common Stock 11/11/2010   S(1)   1,000 D $ 54.3 187,706 D  
Common Stock 11/11/2010   S(1)   100 D $ 54.305 187,606 D  
Common Stock 11/11/2010   S(1)   2,100 D $ 54.31 185,506 D  
Common Stock (2) 11/11/2010   S(1)   26,600 D $ 54.315 158,906 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 43.26 11/11/2010   M     31,658 01/17/2007(3) 01/17/2017 Common Stock 31,658 $ 0 165,945 D  
Stock Option (Right to Buy) $ 41.54 11/11/2010   M     82,140 01/22/2008(4) 01/22/2018 Common Stock 82,140 $ 0 83,805 (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LEWIS RAYMOND J
111 SOUTH WACKER DRIVE, SUITE 4800
CHICAGO, IL 60606		       President  

Signatures

 Raymond J. Lewis, By: T. Richard Riney, Attorney-In-Fact   11/15/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On November 11, 2010, the Reporting Person transmitted to the Securities and Exchange Commission a Form 144 covering the sale of the Issuer's common stock reported on Table I.
(2) Please see the Reporting Person's subsequent Form 4 filing dated the date hereof which contains additional transactions which are part of one aggregate direction.
(3) These options were part of a previously reported grant of 31,658 on January 17, 2007, by the Issuer to the Reporting Person that vested in three equal installments on January 17, 2007, January 17, 2008 and January 17, 2009.
(4) These options were part of a previously reported grant of 82,140 on January 22, 2008, by the Issuer to the Reporting Person that vested in three equal installments on January 22, 2008, January 22, 2009 and January 22, 2010.
(5) Represents total number of unexercised stock options held by the Reporting Person as of November 11, 2010.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.