BALL Corp — Director's Dealing 2011

Dec 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2011-12-15

Reporting Person: TAYLOR STUART A II (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-15	Common Stock	M	16000	$11.8725	Acquired	98363.9927	Direct
2011-12-15	Common Stock	S	8700	$34.60	Disposed	89663.9927	Direct
2011-12-15	Common Stock	S	1200	$34.62	Disposed	88463.9927	Direct
2011-12-15	Common Stock	S	3652	$34.63	Disposed	84811.9927	Direct
2011-12-15	Common Stock	S	1734	$34.64	Disposed	83077.9927	Direct
2011-12-15	Common Stock	S	214	$34.65	Disposed	82863.9927	Direct
2011-12-15	Common Stock	S	500	$34.66	Disposed	82363.9927	Direct
2011-12-15	Common Stock	J	3.3901	$34.81	Acquired	82367.3828	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-15	Employee Stock Option (Right to Buy)	$11.8725	M	16000	Disposed	2012-04-23	Common Stock (16000)	Direct
2011-12-15	Deferred Compensation Company Stock Plan	$	J	95.621	Acquired		Common Stock (95.621)	Direct

Footnotes

F1: Exercise of stock options.

F2: Dividend reinvestment in Ball Corporation 2000 Deferred Compensation Company Stock Plan.

F3: 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.

F4: 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.

F5: Dividend reinvestment in Ball Corporation Deferred Compensation Company Stock Plan.

F6: Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.