BALL Corp — Director's Dealing 2009

Jul 28, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2009-07-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-07-27	Common Stock	M	15000	$49.1116	Acquired	151942.5823	Direct
2009-07-27	Common Stock	S	15000	$49.1116	Disposed	136942.5823	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-07-27	Employee Stock Option (Right to Buy)	$8.2657	M	15000	Disposed	2010-04-25	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2614.542	Indirect
Common Stock	25078	Indirect

Footnotes

F1: Exercise of Stock Options.

F2: Total number of 401(k) Plan shares includes shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.

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