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BALL Corp Director's Dealing 2007

Dec 19, 2007

30458_dirs_2007-12-19_5dc38128-fe2a-4acb-8942-11a9205f55f5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2007-12-17

Reporting Person: WESTERLUND DAVID A (EXEC VP, ADMIN & CORP SEC)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-12-17 Common Stock J 143 $45.16 Acquired 197067 Direct
2007-12-17 Common Stock J 46479 Disposed 150588 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-12-17 Deferred Compensation Company Stock Plan $ J 46479 Acquired Stock Units (46479) Direct
2007-12-17 Deferred Compensation Company Stock Plan $ J 123 Acquired Stock Units (123) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2181 Indirect
Common Stock 25078 Indirect

Footnotes

F1: Dividend reinvestment in Ball Corporation 2000 Deferred Compensation Company Stock Plan.

F2: Reclassification of stock units deferred into the 2005 Deferred Compensation Company Stock Plan (the "Plan") previously reported in Table I to Table II as a result of the change in the Plan that permits participants to settle their stock units in either cash or common stock.

F3: The reporting person expressly disclaims beneficial ownership of the spouse's securities.

F4: Dividend reinvestment in Ball Corporation 2005 Deferred Compensation Company Stock Plan.