Sec Form 4 Filing - UNVERFERTH RICHARD A @ HEALTH CARE REIT INC /DE/ - 2003-07-24

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 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 UNVERFERTH RICHARD A 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 _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) , 3. Date of Earliest Transaction (MM/DD/YY) 07/24/2003 (Street) , 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 07/23/2003 M 10,000 A $ 24.875 24,334 D Common Stock 07/23/2003 M 5,000 A $ 28.4375 29,334 D Common Stock 07/23/2003 M 5,000 A $ 25.125 34,334 D Common Stock 07/23/2003 M 1,667 A $ 27.17 36,001( 1 ) D

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 Option (Right to Buy) $ 24.875 07/23/2003 M 10,000 07/20/1997( 3 ) 01/20/2007 Common 10,000( 3 ) $ 0( 2 ) 0 D Option (Right to Buy) $ 28.4375 07/23/2003 M 1,667 01/19/1999( 4 ) 01/19/2008 Common 5,000( 4 ) $ 0( 2 ) 3,333 D Option (Right to Buy) $ 28.4375 07/23/2003 M 1,667 01/19/2000( 4 ) 01/19/2008 Common 3,333( 4 ) $ 0( 2 ) 1,666 D Option (Right to Buy) $ 28.4375 07/23/2003 M 1,666 01/19/2001( 4 ) 01/19/2008 Common 1,666( 4 ) $ 0( 2 ) 0 D Option (Right to Buy) $ 25.125 07/23/2003 M 1,667 01/18/2000( 5 ) 01/18/2009 Common 5,000( 5 ) $ 0( 2 ) 3,333 D Option (Right to Buy) $ 25.125 07/23/2003 M 1,667 01/18/2001( 5 ) 01/18/2009 Common 3,333( 5 ) $ 0( 2 ) 1,666 D Option (Right to Buy) $ 25.125 07/23/2003 M 1,666 01/18/2002( 5 ) 01/18/2009 Common 1,666( 5 ) $ 0( 2 ) 0 D Option (Right to Buy) $ 27.17 07/23/2003 M 1,667 01/28/2003( 6 ) 01/28/2012 Common 5,000( 6 ) $ 0( 2 ) 3,333 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other UNVERFERTH RICHARD A , X Signatures By: Erin C. IbeleAttorney-in-FactFor: Richard A. Unverferth 07/24/2003 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Indirect Ownership:3,816 shares - 477 shares held in each of his eight son's name ( 2 )The options were granted under the Health Care REIT, Inc. 1997 Stock Plan for Non-Employee Directors and had no acquisition price. ( 3 )Options for the purchase of 10,000 shares of common stock at $24.875 were granted to Mr. Unverferth on January 20, 1997, which grant has previously been reported. ( 4 )Options for the purchase of 5,000 shares of common stock at $28.4375 per share were granted to Mr. Unverferth on January 19, 1998, which grant has previously been reported. ( 5 )Options for the purchase of 5,000 shares of common stock at $25.125 per share were granted to Mr. Unverferth on January 18, 1999, which grant has previously been reported. ( 6 )Options for the purchase of 5,000 shares of common stock at $27.17 per share were granted to Mr. Unverferth on January 28, 2002, which grant has previously been reported. Options for the purchas e of 1,667 shares vested on January 28, 2003 and options for the purchase of 1,667 shares and 1,666 shares will vest on January 28 of each of 2004 and 2005, respectively.

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

* 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).

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