BALL Corp — Director's Dealing 2010

Jun 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2010-06-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-02	Common Stock	M	2750	$10.6125	Acquired	119949.3525	Direct
2010-06-02	Common Stock	S	2750	$50.00	Disposed	117199.3525	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-02	Employee Stock Option (Right to Buy)	$10.6125	M	2750	Disposed	2011-03-06	Common Stock (2750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2773.629	Indirect
Common Stock	25078	Indirect

Footnotes

F1: Exercise of Stock Options in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on December 8, 2009.

F2: Sale of stock in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on December 8, 2009.

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 the spouse's securities.

F5: 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.