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

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(Print or Type Responses)

1. Name and Address of Reporting Person * Brehl Robert 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) Controller & Chief Acctg Off. (Last) (First) (Middle) 10350 ORMSBY PARK PLACE, SUITE 300 3. Date of Earliest Transaction (Month/Day/Year) 01/22/2008 (Street) LOUISVILLE, KY 40223 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 01/22/2008   A   2,407 (1) A $ 0 6,098 D   Common Stock 01/22/2008   A   1,685 (2) A $ 0 7,783 D   Common Stock 01/22/2008   F   223 (3) D $ 41.54 7,560 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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)

$ 41.54

01/22/2008

A

7,936 (4)

01/22/2008(5)

01/22/2018

Common Stock

7,936

$ 0

12,936 (6)

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Brehl Robert J 10350 ORMSBY PARK PLACE, SUITE 300 LOUISVILLE, KY 40223			Controller & Chief Acctg Off.

Signatures

Robert J. Brehl, By: T. Richard Riney, Attorney-In-Fact		01/24/2008
**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)	These shares represent restricted shares granted under the Ventas, Inc. 2006 Incentive Plan (the "Plan") on January 22, 2008. These shares vest in cumulative 1/5 annual installments beginning on January 22, 2009.
(2)	These shares represent restricted shares granted under the Plan on January 22, 2008. These shares vest in cumulative 1/3 annual installments beginning on January 22, 2008.
(3)	Represents shares withheld to pay taxes on the vesting of restricted stock granted on January 22, 2008 under the Plan.
(4)	These stock options represent stock options granted under the Plan on January 22, 2008.
(5)	These options vest in cumulative 1/3 annual installments beginning on January 22, 2008.
(6)	Represents total number of unexercised stock options held by the Reporting Person as of January 22, 2008.

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