BALL Corp — Director's Dealing 2009

Aug 17, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2009-08-14

Reporting Person: SEABROOK RAYMOND J (EXEC. V.P., & C.F.O.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-14	Common Stock	M	12862	$50.58	Acquired	159458.261	Direct
2009-08-14	Common Stock	M	17138	$50.4355	Acquired	176596.261	Direct
2009-08-14	Common Stock	S	17138	$50.4355	Disposed	159458.261	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-08-14	Employee Stock Option (Right to Buy)	$8.2657	M	12862	Disposed	2010-04-25	Common Stock (12862)	Direct
2009-08-14	Employee Stock Option (Right to Buy)	$8.2657	M	17138	Disposed	2010-04-25	Common Stock (17138)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6512.999	Indirect
Common Stock	4075	Indirect
Common Stock	4075	Indirect

Footnotes

F1: Exercise of stock options.

F2: Regular sale.

F3: Total number of 401(k) Plan shares includes shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.

F4: The reporting person expressly disclaims beneficial ownership of these securities, which continue to be owned by his daughter. The shares of the daughter of the reporting person are being removed because the reporting person is no longer deemed the beneficial owner of these securities and has no pecuniary interest in them, indirect or otherwise.

F5: The reporting person expressly disclaims beneficial ownership of these securities.

F6: Shares exercisable beginning one year after grant in 25% increments and thereafter annually upon the anniversary of the date of grant of the stock option.