BALL Corp — Director's Dealing 2011

Feb 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2011-02-03

Reporting Person: Barker Shawn M (Vice President & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-03	Common Stock	M	1500	$50.11	Acquired	4287.9107	Direct
2011-02-03	Common Stock	D	1017	$73.95	Disposed	3270.9107	Direct
2011-02-03	Common Stock	F	171	$73.95	Disposed	3099.9107	Direct
2011-02-03	Common Stock	M	1125	$49.32	Acquired	4224.9107	Direct
2011-02-03	Common Stock	D	751	$73.95	Disposed	3473.9107	Direct
2011-02-03	Common Stock	F	133	$73.95	Disposed	3340.9107	Direct
2011-02-03	Common Stock	M	1200	$43.69	Acquired	4540.9107	Direct
2011-02-03	Common Stock	S	888	$73.309	Disposed	3652.9107	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-03	Stock Appreciation Rights (sars)	$50.11	M	1500	Disposed	2018-04-23	Common Stock (1500)	Direct
2011-02-03	Stock Appreciation Rights (sars)	$49.32	M	1125	Disposed	2017-04-25	Common Stock (1125)	Direct
2011-02-03	Employee Stock Option (Right to Buy)	$43.69	M	1200	Disposed	2016-04-26	Common Stock (1200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	199.073	Indirect

Footnotes

F1: Exercise of Stock Appreciation Rights (SARs).

F2: Shares withheld for the payment of the tax obligation on the SARS exercise.

F3: Exercise of Stock Options.

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