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BALL Corp Director's Dealing 2011

Dec 16, 2011

30458_dirs_2011-12-16_7815f961-2742-4901-bd0a-9bf9252bdb52.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: 2011-12-15

Reporting Person: SEABROOK RAYMOND J (EXEC. V.P. & C.O.O. GLOBAL PKG)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-12-15 Common Stock J 292.3404 $34.81 Acquired 364488.9139 Direct
2011-12-16 Common Stock M 8000 $11.8725 Acquired 372488.9139 Direct
2011-12-16 Common Stock S 8000 $35.00 Disposed 364488.9139 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-12-15 Deferred Compensation Company Stock Plan $ J 291.1881 Acquired Common Stock (291.1881) Direct
2011-12-16 Employee Stock Option (Right to Buy) $11.8725 M 8000 Disposed 2012-04-23 Common Stock (8000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 13735.71 Indirect
Common Stock 9750 Indirect

Footnotes

F1: Dividend reinvestment in Ball Corporation 2000 Deferred Compensation Company Stock Plan.

F2: Exercise of stock options in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on November 1, 2011.

F3: Sale of stock in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on November 1, 2011.

F4: Total number of 401(k) Plan shares includes shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.

F5: The reporting person expressly disclaims beneficial ownership of these securities.

F6: 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.

F7: Dividend reinvestment in 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.

F9: 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.