Edgar Filing: HEALTH CARE REIT INC /DE/

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL 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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1. Name and Address of Reporting Person ^*

CHAPMAN GEORGE L

2. Issuer Name and Ticker or Trading Symbol
HEALTH CARE REIT INC /DE/ [HCN]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chairman and CEO

(Last)

(First)

(Middle)

ONE SEAGATE,Â SUITE 1500

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2006

(Street)

TOLEDO,Â OHÂ 43604

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/21/2006	Â	J⁽¹⁾	100.2507	A	$ 35.2153	285,506.1553	D	Â
Common Stock	05/19/2006	Â	J⁽¹⁾	112.9361	A	$ 33.6081	285,619.0914	D	Â
Common Stock	08/21/2006	Â	J⁽¹⁾	105.0799	A	$ 36.4335	285,724.1713	D	Â
Common Stock	11/20/2006	Â	J⁽¹⁾	100.7918	A	$ 38.6924	285,824.9631	D	Â
Common Stock	12/28/2006	Â	J⁽¹⁾	51.8671	A	$ 40.7876	285,876.8302	D	Â
Common Stock	02/21/2006	Â	J⁽¹⁾	164.4059	A	$ 35.2153	9,976.3378	I	IRA ⁽²⁾
Common Stock	05/19/2006	Â	J⁽¹⁾	188.6779	A	$ 33.6081	10,165.0157	I	IRA ⁽²⁾
Common Stock	08/21/2006	Â	J⁽¹⁾	169.6378	A	$ 36.4335	10,334.6535	I	IRA ⁽²⁾
Common Stock	11/20/2006	Â	J⁽¹⁾	163.3131	A	$ 38.6924	10,497.9666	I	IRA ⁽²⁾
Common Stock	12/28/2006	Â	J⁽¹⁾	84.5643	A	$ 40.7876	10,582.5309	I	IRA ⁽²⁾
Common Stock	02/21/2006	Â	J⁽¹⁾	60.0286	A	$ 35.2153	3,642.3796 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	05/19/2006	Â	J⁽¹⁾	68.8865	A	$ 33.6081	3,711.2661 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	08/21/2006	Â	J⁽¹⁾	61.9351	A	$ 36.4335	3,773.2012 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	11/20/2006	Â	J⁽¹⁾	59.6259	A	$ 38.6924	3,832.8271 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	12/28/2006	Â	J⁽¹⁾	30.8745	A	$ 40.7876	3,863.7016 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	02/21/2006	Â	J⁽¹⁾	60.0405	A	$ 35.2153	3,643.1042 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	05/19/2006	Â	J⁽¹⁾	68.9004	A	$ 33.6081	3,712.0046 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	08/21/2006	Â	J⁽¹⁾	61.9473	A	$ 36.4335	3,773.9519 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	11/20/2006	Â	J⁽¹⁾	59.6378	A	$ 38.6924	3,833.5897 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	12/28/2006	Â	J⁽¹⁾	30.8807	A	$ 40.7876	3,864.4704 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	02/21/2006	Â	J⁽¹⁾	60.0276	A	$ 35.2153	3,642.3202 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	05/19/2006	Â	J⁽¹⁾	68.8853	A	$ 33.6081	3,711.2055 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	08/21/2006	Â	J⁽¹⁾	61.934	A	$ 36.4335	3,773.1395 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	11/20/2006	Â	J⁽¹⁾	59.6249	A	$ 38.6924	3,832.7644 ⁽³⁾	I	Account for Son ⁽⁴⁾
Common Stock	12/28/2006	Â	J⁽¹⁾	30.8741	A	$ 40.7876	3,863.6385 ⁽³⁾	I	Account for Son ⁽⁴⁾

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

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SEC 2270 (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 at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
CHAPMAN GEORGE L ONE SEAGATE SUITE 1500 TOLEDO,Â OHÂ 43604	Â X	Â	Â Chairman and CEO	Â

Signatures

By: Erin C. Ibele Attorney-in-Fact For: George L. Chapman		02/12/2007
^**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)	Dividend Reinvestment under the Amended and Restated Dividend Reinvestment and Stock Purchase Plan.
(2)	George L. Chapman III SSB IRA Rollover Custodian.
(3)	George L. Chapman disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that he was or is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(4)	Account for son of George L. Chapman.

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