BALL Corp — Director's Dealing 2011

Mar 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2011-03-01

Reporting Person: HAYES JOHN A (Director, PRESIDENT & C.E.O. BALL CORP.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-01	Common Stock	M	7000	$14.0775	Acquired	173377.143	Direct
2011-03-01	Common Stock	M	2064	$19.87	Acquired	175441.143	Direct
2011-03-01	Common Stock	M	8000	$21.845	Acquired	183441.143	Direct
2011-03-01	Common Stock	M	1000	$20.04	Acquired	184441.143	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-01	Stock Option (iso) (Right to Buy)	$14.0775	M	7000	Disposed	2013-04-22	Common Stock (7000)	Direct
2011-03-01	Stock Option (iso) (Right to Buy)	$19.87	M	2064	Disposed	2015-04-27	Common Stock (2064)	Direct
2011-03-01	Stock Option (iso) (Right to Buy)	$21.845	M	8000	Disposed	2016-04-26	Common Stock (8000)	Direct
2011-03-01	Stock Option (iso) (Right to Buy)	$20.04	M	1000	Disposed	2019-01-28	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4291.482	Indirect

Footnotes

F1: Total number of 401(k) Plan shares includes shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.

F2: Shares exercisable beginning one year after grant in 25% increments and thereafter annually upon the anniversary of the date of the grant of the incentive stock option (ISO).