BALL Corp — Director's Dealing 2011

Jan 27, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2011-01-26

Reporting Person: Peterson James N (VP, Marketing & Corp. Affairs)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	586.564	Indirect
Common Stock	2090.8817	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
2005 Deferred Compensation Company Stock Plan	$		Common Stock (116.851)		Direct
Employee Stock Option (Right to Buy)	$43.69	2016-04-26	Common Stock (500)		Direct
Employee Stock Option (Right to Buy)	$50.11	2018-04-23	Common Stock (2400)		Direct
Restricted Stock Units	$		Common Stock (2700)		Direct
Stock Appreciation Rights (sars)	$40.08	2019-01-28	Common Stock (2500)		Direct
Stock Appreciation Rights (sars)	$50.45	2020-01-27	Common Stock (1700)		Direct
Stock Option (iso) (Right to Buy)	$40.08	2019-01-28	Common Stock (2500)		Direct
Stock Option (iso) (Right to Buy)	$50.45	2020-01-27	Common Stock (1600)		Direct

Footnotes

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

F2: Stock Units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.

F3: Restricted Stock Units awarded under the Stock and Cash Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.