BALL Corp — Director's Dealing 2010

Apr 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2010-04-01

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
2010-04-01	Common Stock	M	15000	$10.6125	Acquired	249831.7949	Direct
2010-04-01	Common Stock	S	15000	$53.4149	Disposed	234831.7949	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-01	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	3619.507	Indirect
Common Stock	146246	Indirect

Footnotes

F1: Exercise of Stock Options in accordance with 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.