BALL Corp — Director's Dealing 2009

Jan 2, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2008-12-31

Reporting Person: HOOVER R DAVID (Director, CHAIRMAN, PRESIDENT & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-30	Common Stock	G	2300	$40.92	Disposed	215843	Indirect
2008-12-31	Common Stock	G	2317	$41.59	Disposed	213526	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-12-31	Restricted Stock Units	$	J	9000	Disposed		Common Stock (9000)	Direct
2008-12-31	Deferred Compensation Company Stock Plan	$	J	9000	Acquired		Common Stock (9000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3336.65	Indirect
Common Stock	219104.6751	Direct

Footnotes

F1: Gift to AMG Charitable Gift Foundation.

F2: The reporting person expressly disclaims beneficial ownership of these securities.

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

F4: Total number of Common Shares directly owned includes shares acquired through participation in the Ball Corporation Employee Stock Purchase Plan.

F5: Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.

F6: Lapsed restricted stock units deferred into Ball Corporation's Deferred Compensation Company Stock Plan as stock units.

F7: 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.

F8: Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.