BALL Corp — Director's Dealing 2011

Oct 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2011-10-27

Reporting Person: HOOVER R DAVID (Director, CHAIRMAN OF THE BOARD)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-27	Common Stock	M	15000	$11.8725	Acquired	414608.5354	Direct
2011-10-27	Common Stock	S	15000	$36.00	Disposed	399608.5354	Direct
2011-10-28	Common Stock	M	15000	$11.8725	Acquired	414608.5354	Direct
2011-10-28	Common Stock	S	15000	$36.00	Disposed	399608.5354	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-27	Employee Stock Option (Right to Buy)	$11.8725	M	15000	Disposed	2012-04-23	Common Stock (15000)	Direct
2011-10-28	Employee Stock Option (Right to Buy)	$11.8725	M	15000	Disposed	2012-04-23	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7655.093	Indirect
Common Stock	11959	Indirect
Common Stock	366002	Indirect

Footnotes

F1: Exercise of stock options in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on June 17, 2011.

F2: Sale of stock in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on June 17, 2011.

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.