Matthew J. Lustig - Jul 13, 2023 Form 4 Insider Report for Ventas, Inc. (VTR)

Role: Director
Signature: Matthew J. Lustig, By: /s/ Minglei Zhao, Attorney-In-Fact
Stock symbol: VTR
Transactions as of: Jul 13, 2023
Transactions value $: $14,803
Form type: 4
Date filed: 7/17/2023, 05:04 PM
Previous filing: Jul 5, 2023
Next filing: Oct 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VTR	Common Stock	Award	$13.1K	+270	+0.35%	$48.52	76.8K	Jul 13, 2023	Direct	F1
transaction	VTR	Common Stock	Award	$1.73K	+35.6	+0.05%	$48.52	76.8K	Jul 13, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Common stock in the form of units granted under the Ventas Non-Employee Directors' Cash Compensation Deferral Plan (the "Plan") as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on July 13, 2023. Such units are payable solely in common stock and subject to the terms and conditions of the Reporting Person's deferral election and the Plan.
F2	Common stock in the form of units granted under the Ventas Non-Employee Directors' Equity Award Deferral Program (the "Program") adopted pursuant to the Ventas, Inc. 2022 Incentive Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on July 13, 2023. Such units are payable solely in common stock and subject to the terms and conditions of the Reporting Person's deferral election and the Program.

Content

Common stock in the form of units granted under the Ventas Non-Employee Directors' Cash Compensation Deferral Plan (the "Plan") as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on July 13, 2023. Such units are payable solely in common stock and subject to the terms and conditions of the Reporting Person's deferral election and the Plan.

Common stock in the form of units granted under the Ventas Non-Employee Directors' Equity Award Deferral Program (the "Program") adopted pursuant to the Ventas, Inc. 2022 Incentive Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on July 13, 2023. Such units are payable solely in common stock and subject to the terms and conditions of the Reporting Person's deferral election and the Program.