PROSPECUTS SUPPLEMENT

Filed Pursuant to Rule 424(b)(5)
Registration No. 333-65642

Prospectus Supplement

(To Prospectus dated January 23, 2002)

LOGO

VENTAS, INC.

DISTRIBUTION REINVESTMENT AND STOCK PURCHASE PLAN

This prospectus supplement supplements the prospectus of Ventas, Inc. dated January 23, 2002, as supplemented March 11, 2003, December 8, 2003, December 29, 2004 and December 14, 2005 (which we refer to in this prospectus supplement as the prospectus), relating to Ventas, Inc.’s Distribution Reinvestment and Stock Purchase Plan. You should read this prospectus supplement in conjunction with the prospectus. This prospectus supplement is qualified in its entirety by reference to the prospectus, except to the extent the information in this prospectus supplement supersedes the information contained in the prospectus. Capitalized terms used in this prospectus supplement and not otherwise defined herein have the meanings specified in the prospectus.

This prospectus supplement contains a revised Schedule A to the prospectus. The revised Schedule A to the prospectus restates in its entirety the Schedule A previously included as part of the prospectus. The revised Schedule A sets forth the expected dates relating to common share distribution reinvestments and optional cash payments under the Plan for 2007, as such dates are described in the prospectus.

 

The date of this Prospectus Supplement is December 13, 2006.

 


SCHEDULE A

2007

COMMON SHARE DISTRIBUTION REINVESTMENTS1

 

Discount Set Date

  

Record Date

   Investment Date2

March 6

  

March 9

   March 30

May 23

   May 29    June 28

September 19

   September 24    October 4

December 19

   December 24    January 4, 2008

OPTIONAL CASH PAYMENTS

 

Threshold Price and

Discount Set Date

  

Record Date and

Optional Cash

Payment Due Date

   Pricing Period
Commencement Date
  

Pricing Period

Conclusion Date3

January 2

   January 5    January 8    January 24

February 1

   February 6    February 7    February 23

March 1

   March 6    March 7    March 22

April 2

   April 5    April 9    April 24

May 1

   May 4    May 7    May 22

June 1

   June 6    June 7    June 22

July 2

   July 6    July 9    July 24

August 1

   August 6    August 7    August 22

September 4

   September 7    September 10    September 25

October 1

   October 4    October 5    October 22

November 1

   November 6    November 7    November 23

December 3

   December 6    December 7    December 24

1 The dates indicated are those expected to be applicable under the Plan with respect to future distributions, if and when declared by the Board of Directors. The actual record and distribution payment dates will be determined by the Board of Directors.

 

2 The investment date (and pricing date) with respect to shares of common stock acquired directly from us will be the distribution payment date declared by the Board of Directors. The investment date with respect to shares of common stock acquired in open market transactions will typically be the distribution payment date, but will be no later than ten business days following the distribution payment date.

 

3 The pricing period conclusion date is also the investment date with respect to optional cash payments of $5,000 or less.


NEW YORK STOCK EXCHANGE HOLIDAYS

 

    

2007

New Year’s Day

   January 1

Martin Luther King, Jr. Day

   January 15

Washington’s Birthday

   February 19 (observed)

Good Friday

   April 6

Memorial Day

   May 28

Independence Day

   July 4

Labor Day

   September 3

Thanksgiving Day

   November 22

Christmas

   December 25