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BALL Corp Director's Dealing 2010

May 4, 2010

30458_dirs_2010-05-04_a0dbcb27-9712-41e1-8a63-98cb4fc7d429.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: 2010-05-03

Reporting Person: HOOVER R DAVID (Director, CHAIRMAN & C.E.O. BALL CORP.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-03 Common Stock M 15000 $10.6125 Acquired 249853.1916 Direct
2010-05-03 Common Stock S 15000 $52.7967 Disposed 234853.1916 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-03 Employee Stock Option (Right to Buy) $10.6125 M 15000 Disposed 2011-03-06 Common Stock (15000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3633.614 Indirect
Common Stock 146246 Indirect

Footnotes

F1: Exercise of Stock Options in accordance with the reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on February 25, 2010.

F2: Sale of stock in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on February 25, 2010.

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 securities in the Suzanne A. Hoover Trust.

F5: Shares exercisable beginning one year after grant in 25% increments and thereafter annually upon the anniversary of the date of the grant of the stock option.