BALL Corp — Director's Dealing 2011

Feb 24, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2011-02-22

Reporting Person: MORRISON SCOTT C (SR. V.P. and C.F.O.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-22	Common Stock	M	7000	$14.0775	Acquired	124590.1018	Direct
2011-02-22	Common Stock	M	16000	$11.8725	Acquired	140590.1018	Direct
2011-02-22	Common Stock	F	3756	$35.82	Disposed	136834.1018	Direct
2011-02-22	Common Stock	F	5304	$35.82	Disposed	131530.1018	Direct
2011-02-23	Common Stock	M	2060	$19.87	Acquired	133590.1018	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-22	Stock Option (iso) (Right to Buy)	$14.0775	M	7000	Disposed	2013-04-22	Common Stock (7000)	Direct
2011-02-22	Employee Stock Option (Right to Buy)	$11.8725	M	16000	Disposed	2012-04-23	Common Stock (16000)	Direct
2011-02-23	Stock Option (iso) (Right to Buy)	$19.87	M	2060	Disposed	2015-04-27	Common Stock (2060)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3782.646	Indirect

Footnotes

F1: Exercise of Incentive Stock Options (ISOs).

F2: Exercise of Stock Options.

F3: Shares withheld for the payment of the tax obligation on the exercise of stock options.

F4: Shares withheld to cover shares swapped for exercise of stock option.

F5: Total number of 401(k) Plan shares includes shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.

F6: 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.