BALL Corp — Director's Dealing 2003

Mar 31, 2003

4 1 form4_midgett31.htm FORM 4 FOR MIDGETT 03/31/03 Ball Corporation Form 4 for Midgett MARKER FORMAT-SHEET="Head Left" FSL="Default"

4 1

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NYSE

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0001205944

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Officer

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Ball Corporation

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0000009389 IRS-NUMBER 35-0160610

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03/31/03

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4

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

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Washington, D.C. 20549

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FORM 4

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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. MARKER FORMAT-SHEET="Para (List) Hang " FSL="Default"

1. Name and Address of Reporting Person(s) Midgett, Leon A. 10 Longs Peak Dr. Broomfield, CO 80021-2510

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1. Issuer Name and Ticker or Trading Symbol Ball Corporation (BLL)

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1. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

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1. Statement for Month/Day/Year 3/31/2003

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1. If Amendment, Date of Original (Month/Day/Year)

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1. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) EXEC. V.P., & COO PACKAGING

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1. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [ ] Form filed by More than One Reporting Person

Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of action action or Disposed of (D) Securities Indirect Date Code A Beneficially D Beneficial (Month/ or Owned at or Ownership Day/Year) Code V Amount D Price End of Month I ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 03/31/03 M 5,000 A $22.1250 D Direct Common Stock 03/31/03 M 15,000 A $21.2250 D Direct Common Stock 03/31/03 S 20,000 D $55.6500 69,377 D Direct Common Stock 867 I 401(k) plan Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (D) Derivative Security Code V A D Exercisable Expiration ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option (right to$21.2250 03/31/03 M 15,000 (1) 03/06/11 buy) Employee Stock Option (right to$22.1250 03/31/03 M 5,000 (1) 09/22/09 buy) Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I - Title Shares End of Month ------------------------------------------------------------------------------------------------------------------------------------ Employee Stock Option (right to03/31/03 Common Stock 15,000 30,000 D Direct buy) Employee Stock Option (right to03/31/03 Common Stock 5,000 5,000 D Direct buy) Explanation of Responses: (1) Shares exercisable beginning one year after grant in 25% increments. - Total number of Common Shares directly owned includes shares acquired through participation in the Ball Corporation Employee Stock Purchase Plan. Total number of 401(k) Plan shares includes shares acquired through periodic dividend reinvestment and employer matching contributions. MARKER FORMAT-SHEET="Head Left" FSL="Default"

SIGNATURE OF REPORTING PERSON /S/ By: Mary L. Rose, Dir., Exec. Comp. Prog.

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For: Leon A. Midgett

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DATE 03/31/03