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BALL Corp Director's Dealing 2008

Apr 24, 2008

30458_dirs_2008-04-24_1551946e-4158-4d5e-8a91-4d3c24a91fa0.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: 2008-04-23

Reporting Person: DEAN HOWARD M (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-04-23 Common Stock J 48332 $50.11 Disposed 32110 Direct
2008-04-23 Common Stock A 2000 $50.11 Acquired 34110 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-04-23 Deferred Compensation Company Stock Plan $ J 48731 Acquired Common Stock (48731) Direct
2008-04-23 Restricted Stock Units $ J 2000 Disposed Common Stock (2000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1000 Indirect

Footnotes

F1: Due to retirement, lapsed restricted stock deferred into Ball's Deferred Compensation Company Stock Plan as stock units.

F2: Common stock acquired upon the lapse of restricted stock units.

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

F4: Each unit may be settled for a single share of stock or the equivalent amount of cash pursuant to the Ball Corporation Deferred Compensation Company Stock Plan.

F5: Lapsed restricted stock and company match deferred into Ball Corporation's Deferred Compensation Company Stock Plan as stock units.

F6: Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed in accordance with the terms of the Plan.

F7: Due to retirement, lapse of restricted stock units.