BALL Corp — Director's Dealing 2011

Feb 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2011-01-31

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
2011-01-31	Common Stock	J	2500	$71.13	Acquired	59643.0711	Direct
2011-01-31	Common Stock	F	863	$71.13	Disposed	58780.0711	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-31	Restricted Stock Units	$	J	5000	Disposed		Common Stock (5000)	Direct
2011-01-31	Deferred Compensation Company Stock Plan	$	J	2781.1753	Acquired		Common Stock (2781.1753)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1891.323	Indirect

Footnotes

F1: Common stock acquired upon the lapse of Table II restricted stock units.

F2: Shares withheld for the payment of the tax obligation on the lapse of restrictions on Table II restricted stock units.

F3: Total number of 401(k) Plan shares includes shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.

F4: Lapse of restricted stock units.

F5: 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.

F6: Lapsed restricted stock units deferred into Ball Corporation's Deferred Compensation Company Stock Plan as stock units and may include company match.

F7: Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.